Property Description

New Pricing, Seller is motivated! Recently appraised at $3.86M, not including furniture and improvements! Discover an exceptional investment opportunity in the heart of Downtown Fort Lauderdale. This new-construction 9-unit multifamily property (built in 2022) offers strong performance, modern finishes, and unmatched flexibility for both short-term and long-term rental strategies.

Currently operated as a high-performing Airbnb with 81% occupancy, the property boasts 1,000+ five-star reviews and an impressive 4.8 host rating. The entire Airbnb business profile can be transferred to the buyer, allowing you to step into a fully automated, hassle-free operation and start collecting rental income from Day 1.

Investors seeking long-term stability also have the option to convert the property to traditional rentals, achieving a 5%+ cap rate with minimal effort.

Additional highlights:

– 6% cap rate based on current short-term rental operations

– Built in 2022 — modern, low-maintenance construction

– Turnkey, all furniture, fixtures, and improvements included

Whether you’re looking for reliable cash flow, ease of ownership, or prime real estate in an A+ location, this property delivers exceptional value.

Features
Heating System
Cooling System
Security
Parking Features
Sewer
Address Map
State:
FL
County:
Broward
City:
Fort Lauderdale
Zipcode:
33304
Street:
637 Ne 4th Ave, Fort Lauderdale, Florida 33304
Longitude:
W81° 51' 23.8''
Latitude:
N26° 7' 20.3''
MLS Addon
Building Area:
10,057 Sqft
Construction Materials:
Block
Cumulative DOM:
71
DOM:
74
Directions:
Follow GPS.
Flooring:
Vinyl, Laminate, Concrete
Internet Address Display:
1
Internet Listing Display:
1
Lease Term:
Other
Listing Terms:
Cash, Conventional
Parcel Number:
494234075390
Structure Type:
Apartment
Tax Annual Amount:
$54,940
Tax Year:
2025
Virtual Tour:
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Commercial Sale For Sale

637 Ne 4th Ave, Fort Lauderdale, Florida 33304, Fort Lauderdale, Florida 33304

6,750 Sqft
$3,790,000
MLS # #A11922150
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Price :
$3,790,000
Year Built :
2023
Lot Area :
6,750 Sqft
MLS # :
A11922150
Property Sub Type :
Multi Family
Agent info
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