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637 NE 4th Ave
Listing Details
- $3,749,000
- MLS# A11922150
- Type Commercial - Business
- Status Active
Description
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... Read more
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All Property Features
- Property Type: Commercial - Business
- Cooling: Central Individual A/C
- Crops Included Y/N: No
- Days on Site: 218
- Directions: Follow GPS.
- Exterior: CBS Construction
- Flooring: Concrete, Vinyl
- Heating: Central Electric
- Home Warranty Y/N: No
- Lease Considered Y/N: Yes
- Listing Terms: Other Lease Terms, All Cash, Conventional/Refinance
- Lot Size: 0.15 Acres
- Parcel#: 494234075390
- Parking: Covered, Free Parking, Garage
- Parking Notes: Covered, Free Parking, Garage
- Property Attached Y/N: No
- Property Sub-Type: Income/MultiFamily
- Security: Smoke Alarm, Smoke Detector(s), Fire Sprinkler System
- Security: yes
- Sewer: Public Sanitation
- Stories: 3.0
- Taxes: $54,940
- Water: Public
- Year Built: 2023