637 NE 4th Ave, Fort Lauderdale, FL 33304
- Added:
- Jun 15, 2026
- Days on Market:
- 17
- Last Refresh:
- Jul 1 at 9:06 pm
Property Features for 637 NE 4th Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Covered, Garage
- Standard status
- Active
- APN
- 494234075390
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- PROGRESSO 2-18 D LOT 4,5 BLK 316
- Tax Annual Amount
- 54940
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2023
- Floors in Building
- 3
- Number of units
- 9
- Flooring type
- Laminate, Vinyl, Concrete
- Building materials
- Block
Listing agent Tingjun Lei License #3582986 (786) 683-5367
Listing office Lokation 1900 N Bayshore Dr 1A Ste 120, Pompano Beach, FL (954) 545-5583
Listing date Jun 15, 2026
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.
HighLights
- 9‑unit multifamily property currently operated as an Airbnb with 81% occupancy
- Airbnb performance includes 1,000+ five‑star reviews and a 4.8 host rating, with business profile transferable to the buyer
- Recently appraised at $3.86M (not including furniture and improvements)
- Short‑term rental operations target a 6% cap rate, with long‑term conversion described as 5%+ cap rate
- Central A/C with central electric heating and a fire sprinkler system
- Block construction with concrete, laminate, and vinyl flooring; covered parking and garage included
Overview
The building is located at 637 NE 4th Ave in Fort Lauderdale, in Broward County (33304). The seller characterizes the asset as being in the heart of Downtown Fort Lauderdale.
For investors, the current setup provides a short-term rental operating model, and the seller notes the ability to convert to traditional rentals if desired. The seller also references a 6% cap rate based on current short-term rental operations and indicates traditional rental performance could be higher at 5%+ with minimal effort. Offered as a modern, low-maintenance building, this is positioned for buyers looking for either an income-focused short-term operation or a longer-term rental conversion path.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.1401311
- Latitude
- 26.131287
