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$3,990,000
New Listing

637 NE 4th Ave
Fort Lauderdale, FL 33304

For Sale|Multi Family|Active
0
Beds
0
Total Baths
10,057
SqFt
$397
/SqFt
2023
Built
County:
Broward
Call Now: 404.793.7788
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404.793.7788
637 NE 4th Ave637 NE 4th Ave637 NE 4th Ave637 NE 4th Ave
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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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Listing Snapshot
Price 
$3,990,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
10,057 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
6,750 Acres
Year Built 
2023
MLS® Number 
A11922150
Status 
Active
Property Tax 
$54,940
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
14 hours agoListing first seen on site
19 hours agoListing updated with changes from the MLS®
General Features
Disclosures 
Flood Plain Disclosure, Owner Is Listing Agent
Garage 
Yes
Green Energy Efficient 
HVAC
Lease Term 
Other
Number Of Stories 
3
Parking 
CoveredGarage
Property Sub Type 
Multi Family
Security 
Fire Sprinkler SystemSmoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
10057
Water Source 
Public
Zoning 
RAC-UV
Interior Features
Cooling 
Central Air
Flooring 
ConcreteLaminateVinyl
Heating 
CentralElectric
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Exterior Features
Construction Details 
Block
Community Features
Financing Terms Available 
CashConventional
MLS Area 
3810
Listing courtesy of Lokation

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Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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