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$980,000
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Property Description
Rare opportunity to acquire this fully occupied and very large 2-story fourplex in Davie at 7311 NW 37th St, featuring four spacious 2-bed/1-bath units generating $78,000 in gross annual income with a pro forma of $105,000 at market rents. Recent upgrades include a 3-year-old roof, new impact doors, updated electrical, and central A/C units, offering efficiency and low-maintenance ownership. Each unit has separate water and electrical meters. With a large parking lot and prime access to I-595, I-95, and Florida's Turnpike, the property is just 15 minutes from Fort Lauderdale-Hollywood International Airport and 20 minutes from the beach, delivering strong current income and excellent growth potential in a highly desirable location.
Full Property Details
Full Property Details for 7311 NW 37th St
General
- Sold For: $980,000
- Taxes: $11,781 (2024)
- Status: Closed
- Type: Multi-Family
- Source: Greater_Miami
- MLS ID: A11883251
- Added to Site: 110 day(s) ago
Rental Information
- Rent Includes: Other Rent Incl, Sewer, Trash Collection
Interior
- Flooring: Other, Tile, Vinyl
Parking
- Total Spaces: 6
Location
- Area: A J Bendles
- County: Broward County
- Subdivision: A J BENDLES
- Building Name: A J BENDLES
Community
- Community Name: A J Bendles
- Units Assoc/Comm: 4
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Detached
- Structure Type: Quadruplex, Fourplex
- Detached/Attached: Detached
- Construction: CBS Construction, Other
- Roof: Built-Up, Shingle
- Stories/Levels: 1
- Building Size: 3030
- Square Feet: 3,030
- Living Area: 3,030 Sq. Ft.
- Year Built: 1972
Unit Information
- Units in Complex: 4
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Potential Use: Investment
- Zoning: RM-16
Financial Considerations
- Price Per Sq. Ft.: $323.43
- Operating Expenses: $19,741
- Tax Amount: $11,781
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Documents Avail.: Other Available Information, Rent Rolls
- Legal Description: A J BENDLES SUB 1-27 D 3-51-41 COMM AT NW COR OF TR 5, E 540.85, S 164.22 TO POB, S 139.22, E 62.78 N 139.22, W 62.78 TO POB
- Property ID: 514103010091
Listed by Fausto Commercial Realty Consultants Inc and JDM Realty Group, Inc
Sold by Fausto Commercial Realty Consultants Inc
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Schools
Schools serving 7311 NW 37th St
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Driftwood Elementary School 2700 Nw 69th Ave, Hollywood, FL 33024 | PK-5 | 0.7 mi |
Driftwood Middle School 2751 North 70th Terrace, Hollywood, FL 33024 | 6-8 | 0.7 mi |
Hollywood Hills High School 5400 Stirling Road, Hollywood, FL 33021 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7311 NW 37th St
Date
Details
Price
Change
Source
12/01/2025
Sold
$980,000
-10.91%
MLS
10/30/2025
Price Reduced
$1,100,000
-8.26%
MLS
9/28/2025
Listed
$1,199,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7311 NW 37th St, Davie, FL 33024 (MLS# A11883251) is a Multi-Family property that was sold at $980,000 on December 01, 2025. Want to learn more about 7311 NW 37th St? Do you have questions about finding other Multi-Family real estate for sale in Davie? You can browse all Davie real estate or contact a Coldwell Banker agent to request more information.

