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    725 4Th Ave Fort Lauderdale, FL 33311

    For Sale
    $900,000

    High-Yield Apartment Building, Excellent Condition

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional one-story, 1962-built multifamily property located at 725 NW 4th Ave, Fort Lauderdale, FL 33311, presents a compelling investment opportunity. Priced at $900,000, this apartment building offers four units, generating strong rental income. The building is in excellent condition, with all units currently occupied and well-maintained. Three units boast one bedroom and one full bathroom each, while the fourth unit features two bedrooms and two full bathrooms. Current rental rates are below market value, presenting immediate potential for increased revenue. Situated in Broward County, this property benefits from a prime Fort Lauderdale location. The building's solid construction and high occupancy rate make it an attractive investment for both seasoned and new investors seeking a stable and profitable venture in the Florida market. This is a turnkey operation ready to generate immediate cash flow. The property's strong performance history and potential for future appreciation make it a truly exceptional opportunity. The address is easily accessible and situated in a desirable area of Fort Lauderdale. This is a rare chance to acquire a well-maintained, income-producing property in a thriving market.

    Property Features for 725 4Th Ave

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1962
    Stories
    1

    HighLights

    • Exceptional one‑story, four‑unit multifamily property in Fort Lauderdale, FL.
    • Priced at $900,000, offering strong rental income with below‑market rents.
    • Excellent condition, 100% occupancy, three 1/1 units and one 2/2 unit.
    • Turnkey operation with immediate cash flow and potential for revenue growth.
    • Prime Fort Lauderdale location in Broward County, offering strong investment potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Latoya and Rob Adult Entertainment Club

    Suggested Use

    Restaurant Spa & Massage Realty agency Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1481127
    Latitude
    26.1323345

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    FAQs

    What type of property is this?
    Multifamily property - High-Yield Apartment Building, Excellent Condition
    Where is this multifamily property located?
    The property is located at 725 4Th Ave Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: Exceptional one-story, four-unit multifamily property in Fort Lauderdale, FL.; Priced at $900,000, offering strong rental income with below-market rents.; Excellent condition, 100% occupancy, three 1/1 units and one 2/2 unit.
    Request Owner's contact information
    725 4Th Ave Fort Lauderdale, FL 33311
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    Fort Lauderdale, FL 33311
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    725 4Th Ave Fort Lauderdale, FL 33311
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