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637 NE 4th Ave

Fort Lauderdale, FL 33304
  • $3,890,000
  • STATUS: Active
  • ON SITE: 53 Days
  • MLS #: A11922150
UPDATED: 26 min ago
$3,890,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
2023
County:

School Ratings & Info

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.

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Copyright 2026, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2026-01-21T10:51:46.057.
www.searchingfloridaproperties.com/homes/170961177
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637 NE 4th Ave Fort Lauderdale, FL 33304

  • Price: $3,890,000
  • Status: Active
  • On Site: 53 Days
  • Updated: 26 min ago
  • MLS #: A11922150
0
Beds
0
Baths
0
½ Baths
0.15
Acres
2023
Built
County:
Broward
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.
Exterior Features

Construction Materials CBS Construction Inclusions Building & LandBusinessFurnitureLicenseFurniture/FixturesLicense Parking Features CoveredFree ParkingGarage Pool Private YN No View YN No Waterfront YN No

Interior Features

Building Area Total 10057 Cooling Central Individual A/C Flooring ConcreteVinyl Heating Central Electric Heating YN Yes Stories 3

Property Features

Association YN No Business Type ApartmentsCommercial/Residential Income Cooling YN Yes Documents Available InventoryRent Rolls Green Energy Efficient HVAC Horse YN No Land Lease YN No Lease Considered YN Yes Listing Terms Other Lease TermsAll CashConventional/Refinance New Construction YN No Property Sub Type Income/MultiFamily Public Survey Section 34 Security Features Smoke AlarmSmoke Detector(s)Fire Sprinkler System Sewer Public Sanitation Special Listing Conditions Sale Structure Type Commercial CondoCommercial Tax Annual Amount 54940 Tax Year 2025 Water Source Public Zoning RAC-UV

Listing courtesy of Lokation: 786-683-5367 .


Copyright 2026, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2026-01-21T10:51:46.057.
 
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4507 Furling Lane, Suite #203
Destin FL, 32541