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637 NE 4TH, Fort Lauderdale FL 33304

Commercial For Sale
$3,700,000

BTC: 44.14484281

ETH: 1,396.22641509

1 days
0 room(s)

Overview

Art Lofts is a nine-unit multifamily property built in 2022, located in the MASS Districtof Flagler Village in Downtown Fort Lauderdale. The unit mix consists of seven studios and two one-bedroom units with modern finishes throughout. PROPERTY HIGHLIGHTS 9-Unit Multifamily Investment in Fort Lauderdale's Flagler Village / MASS District Built in 2022 - modern construction with minimal near-term capital requirements Unit Mix: 7 studios + 2 one-bedroom units The property currently operates as a furnished short-term rental, producing a 6% cap. Prime Downtown Fort Lauderdale Location with strong walkability to dining, retail, entertainment, and employmentrate on trailing operations with 81% occupancy.

Location

Details

Type:
Commercial Sale
Parking:
Assigned / Awning / Covered
Year Built:
2022
Lot:
0.15 Acres
Heating:
Central
Price/sqft:
No Data
Cooling:
Central Building A/C
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$3,000,000
$890K – $7.4M
Confidence Low
List vs. estimate
$700K above estimate
List $3,700,000 · +23.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$54,940
2025
Parking
10 spaces
All facts and features
  • Heating

    • Central

    Cooling

    • Central Building A/C

  • Parking

    • Assigned

    • Awning

    • Covered

    Lot

    • Lot: 0.15 Acres

    Other Property Information

    • Parcel Number: 494234075390

    • Zoning: RAC-UV

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family

  • Utility

    • Water Connected

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $54,940

  • Source details

    • MLS ID: B26083230

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot / Less Than 1 Acre

    • Water Source: Public

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Native Realty Co.