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Updated over 10 years ago on . Most recent reply

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Wendy Vaidic
  • Real Estate Agent
  • Indialantic, FL
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180
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Adding Seperate Meters

Wendy Vaidic
  • Real Estate Agent
  • Indialantic, FL
Posted

I was wondering if it's possible to add seperate meters to a one meter multifamily?  If so what was your rough cost per meter added?

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Sam Leon
  • Investor
  • Fort Lauderdale, FL
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Sam Leon
  • Investor
  • Fort Lauderdale, FL
Replied

You mean water or electric?

You can call the city and ask them how much to add a meter.  Last time I made an inquiry to the City of Fort Lauderdale an additional water meter was $400.  In my case it was to add a meter for irrigation so as to avoid paying sewer for it.

If you have a multifamily building with one meter, the real cost is not the cost to add a meter, but the cost to break up the consumptions.  If you have a four unit building and there are already five individual shutoffs to each unit it is doable, if there is only one main shutoff outside the building and one line goes inside and service everyone, it would be cost prohibitive.

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