# 637 NE 4th Ave, Fort Lauderdale, FL 33304

> **TL;DR:** commercial, $3,749,000, built 2023. Est. $16,246/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $3,749,000 |
| Year Built | 2023 |
| Property Type | Commercial (Single Family Attached) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $16,246 |
| **Total** | **$16,246** |

## Property Highlights

- Built in 2023

## Description

### Agent Description
New Pricing, Seller is motivated! Recently appraised at $3.86M, not including furniture and improvements! Discover an exceptional investment opportunity in the heart of Downtown Fort Lauderdale. This new-construction 9-unit multifamily property (built in 2022) offers strong performance, modern finishes, and unmatched flexibility for both short-term and long-term rental strategies.

Currently operated as a high-performing Airbnb with 81% occupancy, the property boasts 1,000+ five-star reviews and an impressive 4.8 host rating. The entire Airbnb business profile can be transferred to the buyer, allowing you to step into a fully automated, hassle-free operation and start collecting rental income from Day 1.

Investors seeking long-term stability also have the option to convert the property to traditional rentals, achieving a 5%+ cap rate with minimal effort.

Additional highlights:

- 6% cap rate based on current short-term rental operations

- Built in 2022 — modern, low-maintenance construction

- Turnkey, all furniture, fixtures, and improvements included

Whether you're looking for reliable cash flow, ease of ownership, or prime real estate in an A+ location, this property delivers exceptional value.

## Location

- **Address:** 637 NE 4th Ave, Fort Lauderdale, FL 33304
- **County:** Broward

## Listing Agent

- **Name:** Tingjun Lei
- **Brokerage:** Lokation
- **Phone:** 9545455583
- **Email:** info@housereform.com

## Primary Photo

![637 NE 4th Ave - Primary Photo](http://lh.rdcpix.com/8e1af014bdeafe521cb174d00793d99cl-f1845350388r.jpg)

*45 total photos available on [listing page](https://www.propertysimple.com/listing/637-ne-4th-ave-fort-lauderdale-fl-33304-11922150)*

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**MLS#:** A11922150 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/637-ne-4th-ave-fort-lauderdale-fl-33304-11922150)

---

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