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637 NE 4th Ave
Fort Lauderdale FL 33304 US

$3,709,000

Active Listing ID A11922150
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Lot: 0.16 Acres
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Other

$3,709,000

Active Listing ID A11922150
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637 NE 4th Ave New Pricing, Seller is motivated! Recently appraised at $3.86M, not including furniture and improvements! 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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Property Features

  • Facts
  • Lot Size: 0.16 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air
  • Floor Covering: Laminate, Concrete, Vinyl
  • Heating Fuels: Central, Electric (Heating)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 3709000
  • unparsedaddress: 637 NE 4th Ave
  • postalcity: Fort Lauderdale
  • stateorprovince: FL
  • country: US
  • postalcode: 33304
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.155
  • lotsizeunits: Acres
  • lotsizearea: 0.155
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Tingjun Lei
  • listagentemail: info@housereform.com
  • listagentkey: 3yd-MAORFL-3582986
  • listagentmlsid: 3582986
  • listagentpreferredphone: 7866835367
  • listagentofficephone: 7866835367
  • listofficekey: 3yd-MAORFL-RALE03
  • listagentstatelicense: 3582986
  • listofficemlsid: RALE03
  • disclaimer: Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MAORFL
  • yearbuilt: 2023
  • listagenturl: http://www.lokationre.com
  • countyorparish: Broward
  • parcelnumber: 494234075390
  • cooling: Central Air
  • constructionmaterials: Block
  • flooring: Concrete, Laminate, Vinyl
  • heating: Electric (Heating), Central
  • numberofunitstotal: 9
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • parkingfeatures: Garage, Covered
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"LoKation Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"leads@lokationre.com", "ListBrokerageCity":"Pompano Beach", "ListBrokerageCountry":"US", "ListBrokerageEmail":"leads@lokationre.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MAORFL/a5ee9241109611e1ad1800219b994c72/20190530213131106.png", "ListBrokerageName":"LoKation Real Estate", "ListBrokeragePhone":"(954) 545-5583", "ListBrokeragePostalCode":"33060", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1500 E Atlantic Blvd, Ste B", "ListBrokerageWebsiteUrl":"http://www.lokationre.com", "ListOfficeAddress1":"1900 N Bayshore Dr 1A Ste 120 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"RALE03", "ListOfficeCity":"Miami", "ListOfficeCountry":"US", "ListOfficeEmail":"broker@lokationre.com", "ListOfficePostalCode":"33132", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Fort Lauderdale, FL", "ListingURL":null, "MLSModificationTimestamp":"2026-08-03 22:02:53", "Neighborhoods":[{"Description":null, "Name":"3810"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":54940, "TaxDescription":"PROGRESSO 2-18 D LOT 4, 5 BLK 316", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/3/2026 10:11:05 PM GMT
Source Updated Date: 8/12/2026 12:56:16 AM GMT

Courtesy of: Tingjun Lei, Lokation, info@housereform.com

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.