824 4Th St Fort Lauderdale, FL 33301
This exceptional investment opportunity presents a fully renovated six-unit multifamily building located at 824 NE 4th St #6, Fort Lauderdale, FL 33301, in the desirable Victoria Park neighborhood. Built in 1960, this property boasts a prime location within walking distance of downtown Fort Lauderdale, Las Olas Boulevard, and Fort Lauderdale Beach. The surrounding area offers a vibrant atmosphere with upscale restaurants, nightlife, museums, waterways, and shopping. The building comprises five one-bedroom, one-bathroom units and one efficiency unit. Each unit features a completely renovated kitchen and bathroom. Significant upgrades include a new roof, impact-resistant windows and doors, and two conveniently located laundry rooms. Two units also include private, spacious patios. Currently, all units are leased to annual tenants, but the property is ideally suited for short-term vacation rentals or Airbnb operations, presenting significant income potential. This turnkey property offers a rare blend of location, modern amenities, and income generation potential, making it an attractive investment in the thriving Fort Lauderdale market. The asking price is $1,500,000.
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Cabessa Property Management Apartment Complex
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.