Small multifamily · 2–12 units

Buy your next building with someone who owns and runs a portfolio of them.

I've spent 30+ years on the buy and sell side of residential and multifamily real estate, I own, manage and renovate a portfolio of investment property across South Florida, and I help investors buy, improve and sell 2–12 unit properties in Broward and southern Palm Beach counties. Real operating numbers, honest underwriting, and a contractor bench you can borrow.

How I help

From first offer to stabilized building.

Acquisitions

Sourcing and buyer representation

On-market, pocket listings and direct-to-owner opportunities across Broward and southern Palm Beach. I screen the rent roll, taxes and insurance before you spend a Saturday.

Underwriting

Numbers that survive a lender

Taxes reset to your purchase price, insurance from real quotes, utilities, turnover, reserves and management — the way a bank's credit committee will see it, not the way the listing flyer does.

Due diligence

Inspections with a renovator's eye

Roof, electrical service and panels, plumbing material, sewer scope, permit history, 40-year recertification status, lease audit and estoppels. I've paid for the surprises so you don't have to.

Renovation

Scope, budget and crews

A value-add plan matched to the rents the submarket will actually pay, and the roofers, plumbers, electricians and GCs I use on my own buildings.

Leasing & operations

Getting to stabilized

Pricing units, screening, Florida lease terms and notice rules, Section 8 where it fits, and management referrals when you want to be hands-off.

Dispositions & 1031

Selling and trading up

Packaging, pricing to the cap-rate market and quiet or wide marketing — plus exchange planning so your 45 days don't run out.

The market

Fort Lauderdale metro multifamily, Q3 2026.

Institutional-grade data for context — small older buildings trade at higher cap rates and lower rents than these averages, which is the opportunity.

Submarket guide
5.64%Average cap rate18 straight quarters of expansion; 102 bps above the Q1 2022 low
$2,517Average asking rent+0.8% year over year — a record
5.0%VacancyPompano Beach / Coral Springs submarket tightest at 4.2%
$267KAverage price per unit$2.7B in trailing-12-month sales, up 37%

Source: Matthews Real Estate Investment Services, Fort Lauderdale Multifamily Market Report, Q3 2026.

Investor list

Hear about 2–12 unit deals before they're on Crexi.

Off-market buildings, pocket listings and the on-market deals that actually pencil, plus a short monthly note on Broward and Palm Beach rents, insurance and taxes. No daily emails, no lender spam.

Owners: thinking of selling?

Tell me about the building in the form. I'll give you a realistic value and the quiet-sale option.

FAQ

Investor questions, answered

What counts as 'small multifamily'?

Two to twelve units in one or a few adjacent buildings: duplexes, triplexes, fourplexes and the 5–12 unit garden and walk-up buildings common in older parts of Fort Lauderdale, Oakland Park, Wilton Manors, Lauderhill, Pompano Beach, Hollywood and Lake Worth Beach. It's the size range individuals and small partnerships can buy, operate and improve themselves — and the range I own in.

Why is the 5-unit line so important?

Financing. One to four units qualify for residential mortgages (Fannie/Freddie, FHA, VA): 30-year fixed rates, lower down payments, underwriting based on your income. Five or more units is commercial: the loan is underwritten on the property's income (debt-service coverage, typically 1.20–1.30x), down payments of 25–35%, 5- to 10-year terms with 25–30 year amortization, and often personal recourse with local banks. Same neighborhood, different world.

Do South Florida small multifamily deals cash flow at today's prices and rates?

At asking prices and 25% down, many don't — which is exactly why the calculator exists. Deals that work in 2026 tend to have one of three things: a below-market basis (estate, tired landlord, deferred maintenance), under-market rents you can bring up through renovation, or a larger down payment or seller financing. I'll tell you which bucket a deal falls in before you waste an inspection fee.

Do you work with out-of-state and international investors?

Yes. Video walkthroughs, remote inspections, mail-away closings and a vetted contractor and management bench are routine. Many of my investor clients are in New York, California, Toronto or abroad, including Persian-speaking investors I work with in Farsi.

Can you help me sell a small apartment building?

Yes. Because I'm an active buyer, I know what today's buyers and their lenders will scrutinize: rent roll, T-12, leases, insurance, roof and 40-year recertification status. We'll prepare the package, price to the current cap-rate environment and market to my investor list and the wider market — or quietly off-market if you prefer.

Is a 1031 exchange realistic for a small portfolio?

Very. Selling a single rental house and exchanging into a fourplex or a 6-unit is one of the most common moves I help with. You have 45 days from closing to identify replacements and 180 days to close, with a qualified intermediary holding proceeds. We line up targets before your sale closes so the clock doesn't beat you.

Next step

Have a building in mind?

Send me the address and the rent roll. I'll tell you within a day whether it's worth an inspection — and what I'd offer.

(954) 729-4133
Call or text · English & Farsi