Property profile

4590 3Rd Ave Fort Lauderdale, FL 33334

OFF-MARKET
Retail properties & Spaces
Built 1956
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Property summary

AI-generated overview

This exceptional investment opportunity presents a thriving short-term rental business in Oakland Park, Florida, asking $1,300,000. Located at 4590 NE 3rd Avenue, zip code 33334, this property consists of two charming homes, situated minutes apart, each designed for optimal guest comfort and convenience. Built in 1956, the business benefits from its location in a desirable neighborhood. The property is categorized as retail, specifically a business type. While the lot size is not specified, the business model is already established and generating income through short-term rentals. This turnkey operation offers a unique blend of hospitality and profitability, presenting a rare chance to acquire an established, income-producing asset. The property's precise lot size is unavailable, but its location in Broward County, Florida, within a short distance of Fort Lauderdale, adds to its appeal. This is an excellent opportunity for investors seeking a proven, established business with immediate income potential. The property's success is built on providing comfortable and convenient accommodations, creating a positive guest experience that translates into repeat bookings and strong financial returns. This is a chance to own a well-established business with a proven track record.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1956

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4590 3Rd Ave Fort Lauderdale, FL 33334
Fort Lauderdale metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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