637 NE 4th Ave

Highlights:

• Number Of Buildings: 1
• Documents Available: Inventory, Rent Rolls
• Cooling: Central Individual A/C
• Heating: Central Electric
• Flooring: Concrete, Vinyl
• Construction Materials: CBS Construction
• Parking Features: Covered, Free Parking, Garage
• Security Features: Smoke Alarm, Smoke Detector(s), Fire Sprinkler System

Description:

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.

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Listing ID: A11922150