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637 NE 4th Ave, Fort Lauderdale FL 33304

Commercial For Sale
$3,990,000

BTC: 46.20729589

ETH: 1,363.63636364

27 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

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

Florida • Fort Lauderdale • 33304 • Commercial • For Sale

Facts and features

Type:
Commercial Sale
Parking:
Covered / Free Parking / Garage
Year Built:
2023
Lot:
6750 Square Feet
Heating:
Central Electric
Price/sqft:
No Data
Cooling:
Central Individual A/C
HOA:
No Data
All facts and features

  • Flooring

    • Concrete

    • Vinyl

    Heating

    • Central Electric

    Cooling

    • Central Individual A/C

  • Parking

    • Covered

    • Free Parking

    • Garage

    Lot

    • Lot: 6750 Square Feet

    Other Property Information

    • Parcel Number: 494234075390

    • Zoning: RAC-UV

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Green energy

    • HVAC

  • Other financial information

    • Annual tax amount: $54,940

  • Source details

    • MLS ID: A11922150

    Other facts

    • Construction Materials: CBS Construction

    • Water Source: Public

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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 ©2025-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: Lokation