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Renovated Fourplex with Income Potential
For Sale
$780,000
Pending

1539 NW 8th Ave, Fort Lauderdale, FL 33311

Recently renovated fourplex with remodeled units and income potential.

Property SizeContact for details
Days on Market283

Property Features for 1539 NW 8th Ave

General Information

Standard status Pending
Property subtype Investment

Building Details

Year Built 1975
Listed By: Alexander Novo · License #3370351
Source: Elliman
Added: Nov 27, 2025 Changed: Jul 6 Last Checked: Jul 23 at 7:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Alexander Novo

Investment Insights

Based on property information with market context.

This recently renovated fourplex presents potential for homeowners and investors. Each of the four units features 2 bedrooms and 1 bathroom, with remodeled kitchens, totaling 8 bedrooms and 4 bathrooms across the property. Impact windows have been installed. Currently, two front units are rented for $2,000 each per month. The two back units are vacant and have a potential rental income of $1,800 to $2,000 each. There are 5 parking spaces available, allowing one space per unit, with the possibility of renting out the extra spaces for additional income. Coin laundry could also be added for additional income.

Key Highlights

  • Recently renovated fourplex with remodeled kitchens
  • Impact windows for security and tranquility
  • Potential gross monthly income of $7,600-$8,000

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Locksmith Skin Care Clinic Pet Grooming Service Butcher (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

970
Businesses Nearby

Demographics for 33311, FL

69,413
Population
27,330
Households
2.5
Avg Household Size
37
Median Age
18%
College-Educated
81%
High-School Grad
10.4 sq mi
ZIP Area
6,674
Density / Sq Mi
$51,918
Median Household Income
$32,717
Median Earnings
$1,385
Median Rent
$276,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Recently renovated fourplex with remodeled units and income potential.
Where is this quadplex located?
The property is located at 1539 NW 8th Ave Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: Recently renovated fourplex with remodeled kitchens; Impact windows for security and tranquility; Potential gross monthly income of $7,600-$8,000
More about this property
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