634 SW 4th Avenue Unit 1-2, Fort Lauderdale, FL 33315
- $1,350,000
- 1,658
- SqFt
- List Price
- $1,350,000
- Price Change
- ▼ $250,000 1783371814
- MLS#
- B26021184
- Sq. Ft
- 1,658
- Subtype
- Duplex
- County
- Broward
- Subdivision
- Ft Lauderdale B-40
- Region
- 3500
- Year Built
- 1970
Property Description
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.
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Additional Information
- Heating
- Central
- Cooling
- Central Air, Ceiling Fan(s)
- Roof
- Other
- Sewer
- Public Sewer
- Water
- Multiple Meters, Public
- Exterior Features
- Other
- Parking Spaces
- 4
- Flooring
- Ceramic Tile, Tile
- Construction
- Other
- Living Area
- 1,658
- Elementary School
- Croissant Park
- Middle School
- New River
- High School
- Stranahan
- Pets Allowed
- No Pet Restrictions, Pet Fee, Yes
Listing courtesy of The Keyes Company. Contact: