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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$3,990,000
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 $396

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

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
Monica Cataluña, CCIM

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

1655 N Commerce Parkway, Suite 204, Weston, Florida, 33326, United States

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637 NE 4th Ave