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1640 NE 4th Place, Fort Lauderdale FL 33301

Multi-family For Sale
$1,190,000

BTC: 15.10152284

ETH: 485.91261739

New
0 room(s)
3,491 sqft

Overview

3 Unit apartment building. 1/1, 2/2 and 3/3. Walking distance to Las Olas. 100K of recent major renovations (Roof, HVAC, Electrical, Plumbing, Etc). For an investor, the appeal here is optionality. The building performs today as a stabilized long-term rental producing $98,400 in annual gross income. It also sits in a location that support licensed vacation rental use and estimated 170K in Airbnb revenue.

Location

Details

Type:
Residential Income
Parking:
Limited # Of Vehicle
Year Built:
1971
Lot:
0.15 Acres
Heating:
Central
Price/sqft:
$341
Cooling:
Ceiling Fan(s) / Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$750,000
$674K – $1.3M
Confidence Low
List vs. estimate
$440K above estimate
List $1,190,000 · +58.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$340
-13.2% vs. city median $392
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$19,136
2025
Pets
Allowed
All facts and features
  • Flooring

    • Tile

    • Wood

    Heating

    • Central

    Cooling

    • Ceiling Fan(s)

    • Central Air

  • Parking

    • Limited # Of Vehicle

    Property

    • Levels: 2

    • Exterior Features: Exterior Lights

    Lot

    • Lot: 0.15 Acres

    Other Property Information

    • Parcel Number: 504202100680

    • Zoning: RC-15

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Utility

    • Electricity Available

  • Other financial information

    • Annual tax amount: $19,136

  • Source details

    • MLS ID: B26068553

    Other facts

    • Construction Materials: Concrete Block Construction / Stucco

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

    • Architectural Style: Two Story

    • Living Area: 3491

    • Water Source: Public

    • Subdivision Name: MIDDLE RIVER PARK

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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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: FlatFee.com