




Listed By Lokation
The Commercial Property for Sale located at 637 NE 4th Ave, Fort Lauderdale, Florida 33304 is currently for sale. 637 NE 4th Ave, Fort Lauderdale, Florida 33304 is listed for $3,990,000.
$3,990,000 USD
Commercial for Sale, 637 NE 4th Ave, Fort Lauderdale, Florida 33304
- MLS#A11922150
Property features
Lot/Land
- Land/Lot size:
627 m² (6,750 ft²)
Construction
- Year built: 2023
Interior Features
- Floors: Vinyl
Security
- Features: Sprinkler SystemSmoke Detector
Utilities
- Other utilities: Public
Description
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
637 NE 4th Ave, Fort Lauderdale, Florida 33304