Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1958
Sq.Footage
2,662
Rare opportunity: Investors seeking current income, long-term appreciation, and 1031 exchange potential. In Fort Lauderdale's desirable Tarpon River neighborhood, this property offers 2,664 sq ft of building area on a large 9,687 sq ft lot, minutes to Downtown Ft L, Las Olas, beaches, & Airport. This fully occupied fourplex has four 1-bedroom / 1-bath units, with current cash flow and future upside. Each unit's rent potential is $1,800-$2,000 per month yielding gross rents of $7,200-$8,000 monthly. Acquired by the seller as a 1031 exchange, preliminary architectural due diligence includes construction survey (3/2026) and feasibility review, indicating potential for 2 townhomes, subject to design, City permits / approval. Buyer to independently verify with planning and zoning departments.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Wall/Window Unit(s)
-
Heating YN
YES
-
Heating
Wall Furnace
-
Pet friendly
Yes
Exterior
-
Garage
No
-
Construction Materials
Brick, Stone, Stucco
-
Other Exterior Features
Barbecue, Courtyard, Garden, Storage, Uncovered Courtyard
-
Patio and Porch Features
Covered, Deck, Patio
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Garden
-
Lot Size(acres)
0.22
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
Price
-
Sales Price
$990,000
-
Tax Amount
$16,616.23
-
Sq. Footage
2, 662
-
Price/SqFt
$371
HOA
-
Association
No
School District
-
Elementary School
Croissant Park
-
Middle School
New River
-
High School
Stranahan
Property Features
-
Stories
1
-
Foundation Details
Slab
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Broward
Elementary School
Croissant Park
Middle School
New River
High School
Stranahan
Listing Courtesy of Edward Gurovich , EXP Realty LLC
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