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About This Home
This 0-bedroom, 0-bathroom commercial at 638 SW 4th Avenue in Fort Lauderdale, FL is listed for $1,600,000. on a 0.14 acres lot.
THE SITE: Two contiguous parcels (Folios 504210015131 & 504210015132) totaling 12,500 SF in Fort Lauderdale's New River South corridor. 100 ft wide * 125 ft deep across two contiguous lots. Rear alley may provide vehicle access - subject to pre-development review with City transportation engineer.
THE ZONING: RAC-SMU (Regional Activity Center - Southwest Mixed Use) is one of Fort Lauderdale's most flexible designations. The property's RAC Future Land Use designation may provide eligibility under Florida's Live Local Act (SB 102) - buyers and their counsel are encouraged to inquire directly with the City.
THE INCOME: Two existing duplexes generate $7,200/month in rental income - $3,800 from 634 SW 4th Ave and $3,400 from 638 SW 4th Ave. Existing tenancies provide cash flow during the permitting and pre-construction period - a real advantage over vacant land.
THE MARKET: New construction townhomes in the Tarpon River / New River South corridor are actively trading between $875,000 and $1,100,000+. Double-digit year-over-year price appreciation. Strong demand from both end-users and developers. Contact the listing agent directly. Inquire about Live Local Act eligibility. Minutes to Las Olas, I-95, FLL & beaches. Sold as-is.
Key Features
- 0.14 acre lot
Monthly Cost Estimate
$8,557/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
638 SW 4th Avenue
Fort Lauderdale, FL 33315
FT LAUDERDALE B-40
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 638 SW 4th Avenue is listed at $1,600,000. The estimated monthly payment is $6,933 based on 20% down at 6.5% interest.
Key features include: 0.14 acre lot.
This property is listed by Alejandro Saenz de la Calzada Rosenstein and can be reached at 9544898589 or alexsaenz@keyes.com.
