637 NE 4th Ave, Fort Lauderdale FL 33304,33304,Fort Lauderdale,Broward County
- $3,749,000
- $3,749,000
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.
Overview
- Income/MultiFamily
- sqft
- 2023
- A11922150
Details
Actualizado en mayo 10, 2026 a 6:18 am-
Property ID A11922150
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Price $3,749,000
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Year Built 2023
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Type Income/MultiFamily
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Property Status Commercial Sale
Additional details
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BuildingAreaTotal 10057
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BuildingAreaUnits Square Feet
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BusinessType Apartments, Commercial/Residential Income
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ConstructionMaterials CBS Construction
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ContractStatusChangeDate 2025-11-28
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Cooling Central Individual A/C
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DaysOnMarket 136
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Directions Follow GPS.
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DocumentsAvailable Inventory, Rent Rolls
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ExpirationDate 2026-11-28
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FinancialDataSource Owner May Show Books
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Flooring Concrete, Vinyl
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GreenEnergyEfficient HVAC
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Heating Central Electric
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Inclusions Building & Land, Business, Furniture, License, Furniture/Fixtures, License
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InternetAddressDisplayYN 1
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InternetAutomatedValuationDisplayYN 1
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InternetConsumerCommentYN 1
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InternetEntireListingDisplayYN 1
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LeaseConsideredYN 1
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ListAOR A-Miami Association of REALTORS
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ListAgentDirectPhone 786-683-5367
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ListAgentEmail info@housereform.com
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ListAgentFullName Tingjun Lei
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ListAgentKey 4930c21a3b5988561ece7b111af30cbc
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ListAgentMlsId 3582986
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ListAgentOfficePhone 954-545-5583
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ListAgentStateLicense 3582986
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ListOfficeFax 954-543-1818
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ListOfficeKey 3517211f29235f06110c8ade99cf7eef
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ListOfficeMlsId RALE03
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ListOfficeName Lokation
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ListOfficePhone 954-545-5583
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ListingAgreement Exclusive Right To Sell
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ListingContractDate 2025-11-28
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ListingKey e925b53db26ce85bdd9ddb36189041fa
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ListingTerms Other Lease Terms, All Cash, Conventional/Refinance
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LotSizeSquareFeet 6750
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MajorChangeTimestamp May 10, 2026 at 04:15am
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MajorChangeType Back On Market
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MlsStatus Active
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ModificationTimestamp May 10, 2026 at 04:15am
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NumberOfBuildings 1
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NumberOfUnitsInCommunity 9
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OnMarketDate 2025-11-28
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OriginalEntryTimestamp November 28, 2025 at 11:24pm
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OriginalListPrice 3990000
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OriginatingSystemID miamire
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OriginatingSystemKey miamire
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OriginatingSystemName Miami Association of REALTORS®
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OtherExpense 0
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ParcelNumber 494234075390
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ParkingFeatures Covered, Free Parking, Garage
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PhotosChangeTimestamp November 28, 2025 at 11:38pm
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PhotosCount 45
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PostalCodePlus4 4995
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PreviousListPrice 3790000
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PriceChangeTimestamp March 16, 2026 at 07:21pm
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PublicSurveyRange 49
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PublicSurveySection 34
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PublicSurveyTownship 49
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SecurityFeatures Smoke Alarm, Smoke Detector(s), Fire Sprinkler System
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Sewer Public Sanitation
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SourceSystemKey 423733062
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SpecialListingConditions Sale
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StateOrProvince FL
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StatusChangeTimestamp May 10, 2026 at 04:15am
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Stories 3
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StoriesTotal 3
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StreetDirPrefix NE
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StreetName 4th Ave
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StreetNumber 637
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StreetNumberNumeric 637
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StructureType Commercial Condo, Commercial
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SyndicationRemarks 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.
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TaxAnnualAmount 54940
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TaxLegalDescription PROGRESSO 2-18 D LOT 4, 5 BLK 316
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TaxYear 2025
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WaterSource Public
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Zoning RAC-UV
Features
Address
Open on Google Maps-
Address: 4th Ave
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City: Fort Lauderdale
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State/county: Broward County
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Zip/Postal Code: 33304
