Duplex Investment
For Sale
$1,600,000
638 SW 4th Ave, Fort Lauderdale, FL 33315
Two contiguous duplex parcels total 12,500 SF and currently produce $7,200 per month in rental income.
Property SizeContact for details
Lot Size0.29 Acres
Days on Market170
Property Features for 638 SW 4th Ave
General Information
Standard status
Active
Lot size
0.29 Acres
Property subtype
Land
Zoning
RAC-SMU
Site & Location
Neighborhood
Trca
Highway Access
Yes
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$9,224
Building Details
Tenancy
Multi
Listing Agency:
The Keyes Company
Listed By:
Alejandro Saenz de la Calzada Rosenstein · License #3556904
(954) 489-8589
Source:
Elliman
Added: May 10
Changed: Oct 25
Last Checked: May 11 at 6:35AM
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 The Keyes Company
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Investment Insights
Based on property information with market context.
This for-sale property consists of two contiguous parcels totaling 12,500 SF in Fort Lauderdale’s New River South corridor. The site is 100 feet wide by 125 feet deep across two lots, and it includes two existing duplexes generating $7,200 per month in rental income, with $3,800 attributed to 634 SW 4th Ave and $3,400 attributed to 638 SW 4th Ave. The property is offered as-is.
A rear alley may provide potential vehicle access, subject to pre-development review with the City transportation engineer. Zoning is RAC-SMU (Regional Activity Center—Southwest Mixed Use), and the property’s RAC future land use designation may provide eligibility under Florida’s Live Local Act (SB 102); buyers are encouraged to inquire directly with the City.
With existing tenancies in place, the property can provide cash flow during the permitting and pre-construction period.
A rear alley may provide potential vehicle access, subject to pre-development review with the City transportation engineer. Zoning is RAC-SMU (Regional Activity Center—Southwest Mixed Use), and the property’s RAC future land use designation may provide eligibility under Florida’s Live Local Act (SB 102); buyers are encouraged to inquire directly with the City.
With existing tenancies in place, the property can provide cash flow during the permitting and pre-construction period.
Key Highlights
- Two contiguous parcels in Fort Lauderdale total 12,500 SF (Folios 504210015131 & 504210015132)
- 100 ft wide × 125 ft deep across two lots, with potential rear alley vehicle access subject to pre‑development review
- Income‑producing setup: two existing duplexes generating $7,200/month (634 SW 4th Ave: $3,800; 638 SW 4th Ave: $3,400)
Property Analytics
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Lease Details
4
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
5,913
Businesses Nearby
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Business Placement
Demographics for 33315, FL
13,555
Population
6,991
Households
1.9
Avg Household Size
43
Median Age
35%
College-Educated
94%
High-School Grad
5.3 sq mi
ZIP Area
2,558
Density / Sq Mi
$90,760
Median Household Income
$43,815
Median Earnings
$1,789
Median Rent
$492,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two contiguous duplex parcels total 12,500 SF and currently produce $7,200 per month in rental income.
Where is this duplex located?
The property is located at 638 SW 4th Ave 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 in Fort Lauderdale total 12,500 SF (Folios 504210015131 & 504210015132); 100 ft wide × 125 ft deep across two lots, with potential rear alley vehicle access subject to pre‑development review; Income‑producing setup: two existing duplexes generating $7,200/month (634 SW 4th Ave: $3,800; 638 SW 4th Ave: $3,400)
