637 NE 4th Ave Fort Lauderdale, FL 33304

637 NE 4th Ave, Fort Lauderdale, FL, 33304

$3,749,000

For Sale

$3,749,000

New construction, 9-unit multifamily property with short and long-term rental potential.

Lot Size0.15 Acres

AddedMar 11

Days on Market127

Last RefreshJul 3 at 3:02 am

Property Features for 637 NE 4th Ave

General Information

Standard status: Active
Lot size: 0.15 Acres
Property subtype: Commercial

Building Details

Year Built: 2023

Listing office LoKation Real Estate

Listing date Mar 11, 2026

Source Elliman

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 LoKation Real Estate

Investment Insights

Based on property information with market context.

This new-construction multifamily property, built in 2022, is located in Downtown Fort Lauderdale. It features nine units and is currently operated as a short-term rental with an 81% occupancy rate. The property has over 1,000 five-star reviews and a 4.8 host rating. The existing Airbnb business profile can be transferred to the buyer. The property offers the option to convert to traditional rentals, potentially achieving a 5%+ cap rate. The current short-term rental operations yield a 6% cap rate. All furniture, fixtures, and improvements are included.

Key Highlights

High‑performing Airbnb boasting an 81% occupancy rate and over 1,000 five‑star reviews.
Turnkey operation: Fully furnished and automated, ready to generate income immediately.
Strong investment opportunity with a 6% cap rate.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Short term rental ...

Suggested Use

Similar For Sale Nearby

$3,300,000

Retail and Restaurant Property

Freestanding liquor store/lounge, restaurant, and billboard income with direct frontage on Sunrise Boulevard.

2990 W Sunrise Blvd, Fort Lauderdale, FL 33311

View Details
$2,295,000

6,458 SF

Fort Lauderdale Multifamily Investment Opportunity

Eleven-unit apartment building in east Fort Lauderdale, fully occupied.

1325/1329/1333 NE 5th Terrace, Fort Lauderdale, FL

View Details
$710,000

Freestanding Retail/Office Building

Corner property with three private entrances, mini-split A/C, and on-site parking for 3–4 vehicles, on Federal Hwy.

1200 S Federal Hwy, Fort Lauderdale, FL 33316

View Details
$1,499,000

3,569 SF

Lakefront Triplex with Flex Layout

Lakefront triplex offering five en-suite bedrooms and a versatile interior layout for multiple living and rental configurations.

1236 NE 18th Ave, Fort Lauderdale, FL 33304

View Details
$1,375,000

4,854 SF

Well-Maintained Six-Unit Multifamily

Six-unit multifamily with updated interiors and impact glass, currently producing $128,542 in gross income.

2633 Middle River Drive, Fort Lauderdale, FL 33306

View Details
$599,900

Multi-Tenant Retail Strip Center

Fully occupied four-unit retail strip center with nine on-site parking spaces and private restrooms in each unit.

2510 NW 19th St, Fort Lauderdale, FL 33311

View Details
$1,375,000

4,854 SF

Well-Maintained Six-Unit Multifamily

Six-unit residential property with impact glass and a mix of studio and 1-bedroom layouts in Fort Lauderdale.

2633 Middle River Drive, Fort Lauderdale, FL

View Details
$2,650,000

1,656 SF

Corner Restaurant Site with B-1 Zoning

Corner commercial site offers B-1 zoning, 75 feet of frontage on W Broward Blvd, and 105 feet on SW 12th St.

1122 W Broward Boulevard, Fort Lauderdale, FL 33312

View Details
$1,100,000

Two-Unit Retail Storefront

Two retail units with front and rear parking, offering leased and vacant space options near major south Florida corridors.

1744 E Commercial Blvd, Fort Lauderdale, FL 33334

View Details
$2,050,000

6,024 SF

Multi-Family Income Portfolio

Five tenant-occupied residential properties offered with month-to-month leases and an on-site management office.

1026-1044 NW 7th Avenue, Fort Lauderdale, FL 33311

View Details
$747,850

1,053 SF

Income Duplex with Development Capacity

Duplex with separate water and electric meters, plus capacity for 8 additional units on the same lot.

1219 NE 5th Terrace, Fort Lauderdale, FL

View Details
$747,850

1,053 SF

Income Duplex with Buildable Expansion

Two 1-bedroom/1-bath residences with separate meters, with capacity for additional units on the same lot.

1219 NE 5th Terrace, Fort Lauderdale, FL 33304

View Details

What type of property is this?

Apartment building - New construction, 9-unit multifamily property with short and long-term rental potential.

Where is this apartment building located?

The property is located at 637 NE 4th Ave Fort Lauderdale, FL.

What is the asking price?

The asking price for this property is $3,749,000.

What are key features of this property?

This property features: High‑performing Airbnb boasting an 81% occupancy rate and over 1,000 five‑star reviews.; Turnkey operation: Fully furnished and automated, ready to generate income immediately.; Strong investment opportunity with a 6% cap rate.