EXP Realty LLC
Listed by EXP Realty LLC
$990,000
916 SW 8th Avenue # 4 #1-4
Details
APN 504215190270
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 2,662
Units 4
Year Built 1958
Acreage 0.220
Zoning RD-15
Multifamily | 4 Units
Marketing description
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.
Listing Contacts
EXP Realty LLC
Listed by EXP Realty LLC
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