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916 SW 8th Avenue # 4, Fort Lauderdale FL 33315

Multi-family For Sale
$990,000

BTC: 15.55136664

ETH: 562.50000000

1 days
0 room(s)
2,662 sqft

Overview

Rare opportunity: Investors seeking current income, long-term appreciation, and 1031 exchange potential. In Fort Lauderdale's desirable Tarpon River neighborhood, this property offers 2,664 sq ft of building area on a large 9,687 sq ft lot, minutes to Downtown Ft L, Las Olas, beaches, & Airport. This fully occupied fourplex has four 1-bedroom / 1-bath units, with current cash flow and future upside. Each unit's rent potential is $1,800-$2,000 per month yielding gross rents of $7,200-$8,000 monthly. Acquired by the seller as a 1031 exchange, preliminary architectural due diligence includes construction survey (3/2026) and feasibility review, indicating potential for 2 townhomes, subject to design, City permits / approval. Buyer to independently verify with planning and zoning departments.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1958
Lot:
0.22 Acres
Heating:
Window/Wall
Price/sqft:
$372
Cooling:
Ceiling Fan(s) / Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$969,950
$681K – $1.2M
Confidence Low
List vs. estimate
$20K above estimate
List $990,000 · +2.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$371
-5.3% vs. city median $392
Based on
8 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$16,616
2025
Pets
Allowed
All facts and features
  • Flooring

    • Tile

    • Vinyl

    • Wood

    Heating

    • Window/Wall

    Cooling

    • Ceiling Fan(s)

    • Wall/Window Unit(s)

  • Property

    • Exterior Features: East Of Us1 / Barbeque / Courtyard

    Lot

    • Lot: 0.22 Acres

    Other Property Information

    • Parcel Number: 504215190270

    • Zoning: RD-15

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Cable Connected

    • Electricity Connected

    • Water Connected

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $16,616

  • Source details

    • MLS ID: B26041790

    Other facts

    • Construction Materials: Brick / Slab Construction / Stone / Stucco

    • Lot Features: Less Than 1/4 Acre Lot / East Of US 1 / Less Than 1 Acre / Fenced

    • Patio And Porch Features: Patio

    • Other Structures: Extra Building/Shed / Shed(s) / Storage Shed

    • Architectural Style: One Story

    • Living Area: 2662

    • Water Source: Public

    • Subdivision Name: CROISSANT PARK RIVER SEC,Tapron River

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: EXP Realty LLC