Fort Lauderdale, FL 33304,637 NE 4th Ave
Fort Lauderdale, FL 33304,637 NE 4th Ave
Fort Lauderdale, FL 33304,637 NE 4th Ave
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$3,790,000
Est. payment /mo
10,057 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,057 sqft

Price per Sqft $376

MLS Listing ID A11922150

HOA Y/N No

Year Built 2023

Annual Tax Amount $54,940

Tax Year 2025

Lot Size 6,750 Sqft

Property Sub-Type Multi Family

Property Description

New Pricing, Seller is motivated! 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.

Location

State FL

County Broward

Area 3810

Direction Follow GPS.

Interior

Heating Central, Electric

Cooling Central Air

Flooring Concrete, Laminate, Vinyl

Exterior

Garage Yes

Private Pool Yes

Building

Story 3

Sewer Public Sewer

Water Public

Structure Type Block

Others

Tax ID 494234075390

Security Features Fire Sprinkler System,Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Corporate Listing

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11922150


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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Lokation

Nearby School & Business

SCHOOLS PROPERTIES
Elementary Schools 20
  • 10

    Bayview Elementary School

    Public | KG - 5

  • 9

    Harbordale Elementary School

    Public | KG - 5

  • 9

    Virginia Shuman Young Elementary School

    Public | PK - 5

  • 7

    Sunland Park Academy

    Public | PK - 3

  • 5

    Croissant Park Elementary School

    Public | KG - 5

  • 5

    Charter School of Excellence

    Public | KG - 5

  • 5

    North Side Elementary School

    Public | PK - 5

  • 5

    Bennett Elementary School

    Public | PK - 5

  • 5

    Wilton Manors Elementary School

    Public | PK - 5

  • 5

    Somerset Village Academy

    Public | KG - 5

  • 5

    Oriole Elementary School

    Public | PK - 5

  • 4

    Riverland Elementary School

    Public | PK - 5

  • 4

    Westwood Heights Elementary School

    Public | PK - 5

  • 4

    North Fork Elementary School

    Public | PK - 5

  • 4

    Rock Island Elementary School

    Public | PK - 5

  • 3

    Dillard Elementary School

    Public | PK - 5

  • 3

    Oakland Park Elementary School

    Public | PK - 5

  • 1

    Walker Elementary School

    Public | PK - 5

  • 1

    Marshall Thurgood Elementary School

    Public | PK - 5

  • 0

    Seagull School

    Public | PK - 12

Middle Schools 9
  • 6

    Somerset Academy Village Charter Middle School

    Public | 6 - 8

  • 4

    Dillard 6-12 School

    Public | 6 - 12

  • 4

    Sunrise Middle School

    Public | 6 - 8

  • 3

    William Dandy Middle School

    Public | 6 - 8

  • 3

    Lauderdale Lakes Middle School

    Public | 6 - 8

  • 0

    Whiddon Rodgers Education Center

    Public | 6 - 12

  • 0

    Inspirations Academy

    Private | 8 - 12

  • 0

    Ivy Academy Middle School

    Public | 6 - 8

  • 0

    Pace Center for Girls, Inc.

    Public | 6 - 12

High Schools 7
  • 6

    Fort Lauderdale High School

    Public | 9 - 12

  • 4

    Stranahan High School

    Public | 9 - 12

  • 0

    Melrose High School

    Public | 9 - 12

  • 0

    St Thomas Aquinas High School

    Private | 9 - 12

  • 0

    Mavericks High of Central Broward County

    Public | 9 - 12

  • 0

    Ivy Academy High School

    Public | 9 - 12

  • 0

    Suned High School

    Public | 9 - 12

School and business data provided by Attom Data.

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James Glik

James Glik

+1(786) 344-3207

Agent | License ID: 3265723

Agent License ID: 3265723

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