638 SW 4th Fort Lauderdale, FL 33315

Listing office THE KEYES COMPANY

Listing date Jun 2, 2026

Source Corcoran

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Investment Insights

Based on property information with market context.

This for-sale multifamily site includes two contiguous parcels totaling 12,500 SF (Folios 504210015131 and 504210015132), configured as 100 feet wide by 125 feet deep across the two lots. The property is currently improved with two existing duplexes: one at 634 SW 4th Ave generating $3,800 per month and one at 638 SW 4th Ave generating $3,400 per month. Rental income is in place to support continuity during permitting and pre-construction planning. The property is sold as-is.

Zoning is RAC-SMU (Regional Activity Center—Southwest Mixed Use), described as a flexible designation. The site’s RAC Future Land Use designation may provide eligibility under Florida’s Live Local Act (SB 102), and buyers are encouraged to inquire directly with the City and their counsel.

For buyers, the current duplex income can help offset the timeline between acquisition and development, while the underlying entitlements may support future redevelopment opportunities. The rear alley may provide vehicle access, subject to pre-development review with the City transportation engineer. The site is minutes to Las Olas, I-95, and the FLL beaches.

Key Highlights

• Two contiguous parcels totaling 12,500 SF in Fort Lauderdale’s New River South corridor (100 ft × 125 ft across two lots).
• Income: two existing duplexes generate $7,200/month—$3,800 from 634 SW 4th Ave and $3,400 from 638 SW 4th Ave.
• Rear alley may provide potential vehicle access, subject to pre‑development review with the City transportation engineer.

Property Analytics

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FAQs

What type of property is this?

Duplex - Two existing duplexes produce monthly rental income on two contiguous parcels with potential rear-alley vehicle access.

Where is this duplex located?

The property is located at 638 SW 4th Fort Lauderdale, FL.

What is the asking price?

The asking price for this property is $1,600,000.

What are key features of this property?

This property features: Two contiguous parcels totaling 12,500 SF in Fort Lauderdale’s New River South corridor (100 ft × 125 ft across two lots).; Income: two existing duplexes generate $7,200/month—$3,800 from 634 SW 4th Ave and $3,400 from 638 SW 4th Ave.; Rear alley may provide potential vehicle access, subject to pre‑development review with the City transportation engineer.