Duplex Property with Alley
638 SW 4th Avenue Fort Lauderdale, FL 33315
For Sale
$1,350,000
COMMERCIAL - Fort Lauderdale, FL
Property Size12,500 SF
Lot Size0.14 Acres
Price / SF$108
Days on Market89
Property Features for 638 SW 4th Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- RAC-SMU
- Standard status
- Active
- APN
- 504210015132
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- FT LAUDERDALE B-40 D LOT 9 LESS W 20 BLK 51
- Tax Annual Amount
- 9225
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Listing Agency:
The Keyes Company
(954) 467-0105
Listed By:
Alejandro Saenz de la Calzada Rosenstein · License #3556904
(954) 489-8589
Added: Apr 29
Changed: Jul 6
Last Checked: Jul 26 at 11:06PM
MLS# B26021643
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The site consists of two contiguous parcels totaling 12,500 SF in Fort Lauderdale’s New River South corridor, with approximately 100 feet of width and 125 feet of depth across two lots. The property includes two existing duplexes at 634 SW 4th Ave and 638 SW 4th Ave, providing current rental income while buyers work through permitting and pre-construction steps. The property is being sold as-is.
Zoning is RAC-SMU (Regional Activity Center – Southwest Mixed Use), a flexible designation under Fort Lauderdale’s framework. The property’s RAC Future Land Use designation is described as potentially providing eligibility under Florida’s Live Local Act (SB 102); buyers and their counsel are encouraged to inquire directly with the City. The rear alley may provide vehicle access, subject to pre-development review with the City transportation engineer.
This configuration can fit buyers seeking a redevelopment-leaning multifamily asset with income-producing existing improvements. With two separate duplexs already on the site, the property may offer continuity of collections during the review and early development period. The listing notes that New River South/Tarpon River area townhomes are actively trading, and buyers interested in Live Local Act timing and requirements should consult the City and their advisors directly. The property is reported as minutes to Las Olas, I-95, FLL, and area beaches.
Zoning is RAC-SMU (Regional Activity Center – Southwest Mixed Use), a flexible designation under Fort Lauderdale’s framework. The property’s RAC Future Land Use designation is described as potentially providing eligibility under Florida’s Live Local Act (SB 102); buyers and their counsel are encouraged to inquire directly with the City. The rear alley may provide vehicle access, subject to pre-development review with the City transportation engineer.
This configuration can fit buyers seeking a redevelopment-leaning multifamily asset with income-producing existing improvements. With two separate duplexs already on the site, the property may offer continuity of collections during the review and early development period. The listing notes that New River South/Tarpon River area townhomes are actively trading, and buyers interested in Live Local Act timing and requirements should consult the City and their advisors directly. The property is reported as minutes to Las Olas, I-95, FLL, and area beaches.
Key Highlights
- High Rental Income: Generates $7,200/month from two existing duplexes.
- Flexible Zoning: RAC‑SMU zoning allows for a wide range of development options.
- Prime Location: Minutes from Las Olas, I‑95, FLL Airport, and beaches.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two contiguous duplexes on 4th Avenue offer rental income and potential vehicle access via a rear alley, subject to review.
Where is this duplex located?
The property is located at 638 SW 4th Avenue Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: High Rental Income: Generates $7,200/month from two existing duplexes.; Flexible Zoning: RAC‑SMU zoning allows for a wide range of development options.; Prime Location: Minutes from Las Olas, I‑95, FLL Airport, and beaches.
