Income/MultiFamily

637 NE 4th Ave, Fort Lauderdale, FL 33304
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$3,990,000  Built: 2023
N/A N/A N/A
Type of PropertyIncome/MultiFamily
Style of PropertyApartments,Commercial/Residential Income
Property Area10057
Living Area 
Price per Ft²N/A
PetsN/A
WaterfrontN/A
PoolN/A
FurnitureN/A
Property description of Income/MultiFamily

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-mainte

Exterior Features
No information about Exterior Features.
Interior Features
No information about Interior Features.
Amenities
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Equipment/Appliances
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Property Features
Name 
MLSA11922150
ForeclosureN/A
Short SaleN/A
ParkingCovered, Free Parking, Garage
Parking Restrictions 
Parking Spaces 
Approx. Ft² 
Approx. Lot Size 
Boat DockBuilding & Land,Business,Furniture,License, Furniture/Fixtures,License
Last Update17 days
Pet Restrictions 
Floor Number 
Cooling DescriptionCentral Individual A/C
Heating DescriptionCentral Electric
View 
ConstructionCBS Construction
Flooring TypeConcrete, Vinyl
Maintenance Fees 
Taxes$54,940
Property contact form
Gladys Martinez PA
Gladys Martinez PA305-321-7889gmrealtor7@gmail.com
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MLS Data Source: Miami Association of REALTORS. Copyright SEFMLS © 2025
Listing is a courtesy of Lokation. Office (broker@lokationre.com, 954-545-5583). Agent (info@housereform.com, 786-683-5367).
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

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