637 NE 4th Avenue
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 includedWhether you're looking for reliable cash flow, ease of ownership, or prime real estate in an A+ location, this property delivers exceptional value.
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Listed by Lokation · 954-545-5583
Listing data comes from the participating MLS and is provided for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Properties shown may be listed by brokerages other than Pure Equity Realty LLC, and are marked with the listing office’s name. Information is deemed reliable but is not guaranteed accurate by the MLS or by Pure Equity Realty LLC, and should be independently verified. Data last updated September 17, 2026.