Commercial property in Fort Lauderdale, Florida № 1975999

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Commercial property in Fort Lauderdale, Florida № 1975999
ID1975999 $ 3 990 000
  • EUR €
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  • RUB ₽
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1975999

Property 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.
MLS #: A11922150
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CityFort Lauderdale
Address637 NE 4th Ave, Fort Lauderdale FL 33304
TypeCommercial property
Completion dateIV quarter, 2023
Parking typeCovered
Price
  • Price
  • per m²
$ 3 990 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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