637 NE 4th Ave Fort Lauderdale, FL $ 3,790,000
637 NE 4th Ave
$ 3,790,000
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637 NE 4th Ave

Fort Lauderdale, FL, 33304
$ 3,790,000
Bedrooms2 Baths-- Sq 10,057

Monthly Estimate*

$ 23,336

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Commercial Property for sale in Fort Lauderdale, FL

for $3,790,000 with 2 bedrooms. This 10,057 square foot building was built in 2023.

New Pricing, Seller is motivated! 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.

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Commercial Active

Price

$ 3,790,000

Bedrooms

2

Property Type

Commercial

Taxes

$ 54,940

Style

Year Built

2023

Town/City

Fort Lauderdale

County/Region

Broward

MLS | Web ID

A11922150

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air
Possession Close Of Escrow
Security Features Fire Sprinkler System Smoke Detector(s)
Construction Materials Block
Year Built 2023
Stories Count 3
Property Subtype Multi Family
Tax Year 2025
County Broward
Property Type Commercial Sale
Energy Efficient HVAC
Garage Y/N true
Full Baths 0
Special Listing Conditions Corporate Listing
Status Active
Directions Follow GPS.
City Fort Lauderdale
Disclosures Flood Plain Disclosure Owner Is Listing Agent
Zoning Description RAC-UV
Number Of Units Total 9
MLS Area 3810
Lot Size Units Square Feet
Lot Size Square Feet 6750
Listing Terms Cash Conventional
Tax Annual Amount 54940
Ok to Lease Other
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11922150
Structure Type Apartment
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Multi Family
Legal Description PROGRESSO 2-18 D LOT 4 5 BLK 316
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Interior
Flooring Concrete Laminate Vinyl
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 2
Total Baths 0
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Exterior
Parking Features Covered Free Parking Garage
Water Source Public
Lot Size Area 6750
Number of Buildings 1
Building Area Total 10057
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Lokation

Broker

786-683-5367

Contact

Affordability Calculator

$27,914
Per Month
84%
16%
0%
Monthly Principal & Interest
$23,336
Monthly Property Taxes
$4,578
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/29/2026$3,790,000 -2.57% Price Down
1/2/2026$3,890,000 -2.51% Price Down
11/28/2025$3,990,000 Listed Price

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637 NE 4th Ave, Fort Lauderdale, FL, 33304 is a Commercial Property for sale at $3,790,000 with 10,057 sqft. 637 NE 4th Ave has 2 bedroomsThe property's zip code is 33304 which is in Fort Lauderdale, FL