Middle River Park Real Estate

3 Unit apartment building. 1/1, 2/2 and 3/3. Walking distance to Las Olas. 100K of recent major renovations (Roof, HVAC, Electrical, Plumbing, Etc). For an investor, the appeal here is optionality. The building performs today as a stabilized long-term rental producing $98,400 in annual gross income. It also sits in a location that support licensed vacation rental use and estimated 170K in Airbnb revenue.

1640 NE 4th Place, Fort Lauderdale

$2,759,000

4 Beds ⋅ 5 Baths ⋅ A12076714 MLS

Beautifully appointed and practically brand-new, this 2022-built 4-bedroom, 5-full-bath residence offers a rare combination of modern luxury, privacy and effortless indoor-outdoor living. Lightly used by the current owners, the home features a thoughtfully designed layout with the primary suite and two additional bedrooms upstairs, each with balcony access, plus a private guest suite downstairs. The spacious primary retreat features a spa-inspired bath with rainfall shower, soaking tub, generous walk-in closet and private balcony overlooking the pool. The gourmet kitchen showcases granite countertops, sleek gray cabinetry, built-in refrigerator, gas cooktop and gas grill. Expansive glass sliders open to a lush tropical backyard and pool, creating a true resort-style setting for entertaining or unwinding. Built-in Yamaha speakers enhance the living room, primary suite and pool/patio areas. The fifth full bath doubles as a convenient pool/cabana bath with exterior access. Additional highlights include split AC units, whole-house water filtration, pool water heater, electric blinds, abundant under-stair storage, attached 2-car garage (recently updated garage door) and generous driveway parking. Ideally situated on a quiet residential street while remaining close to Las Olas, major transportation routes, water access and the beach, this home delivers the Fort Lauderdale lifestyle with comfort, convenience and privacy. A Fort Lauderdale lifestyle designed around comfort, privacy and effortless entertaining.A rare opportunity to own a practically brand new 2022 residence that feels equally suited to everyday living, weekend escapes and entertaining. Lightly used by the current owners, this 4-bedroom, 5-full-bath home was thoughtfully designed to give everyone space while keeping the heart of the home connected to the outdoors.The layout is particularly appealing for families, guests and those who value privacy. The primary suite and two additional bedrooms are located upstairs, while a private guest suite is conveniently positioned on the main level. The primary retreat is designed as a true escape, featuring a spa-inspired bathroom with rainfall shower and separated soaking tub, a generous walk-in closet and a private balcony overlooking the pool.Upstairs balcony access gives the bedrooms an additional connection to the South Florida lifestyle, while the downstairs guest suite offers flexibility for visitors, extended stays or multigenerational living.At the center of the home is a gourmet kitchen designed for both everyday meals and entertaining, with granite countertops, sleek gray cabinetry, a built-in refrigerator, gas cooktop and gas grill (rare and amazing feature in the area). The kitchen and living areas flow naturally toward the backyard through expansive glass sliding doors.Outside, the tropical backyard and pool create a private resort-like environment. Imagine morning coffee by the pool, afternoons enjoying the South Florida sun, or evenings entertaining with friends while the built-in Yamaha sound system extends throughout the living room, primary suite and pool/patio areas with multiple ceiling fans.The fifth full bathroom adds another layer of convenience, functioning as a pool/cabana bath with direct exterior access. Additional thoughtful features include split AC units, whole-house water filtration, pool water heater, electric blinds, substantial under-stair storage, an attached 2-car garage (recently upgraded garage door) and additional driveway parking.The home sits on a quiet residential street, providing a sense of privacy and neighborhood living without giving up the convenience of being close to everything. Enjoy easy access to Las Olas and its restaurants, cafés, shopping and entertainment, while Broward Boulevard, Federal Highway and I-95 provide convenient connections throughout Fort Lauderdale and beyond.Multiple water access points are also nearby, making it easy to embrace the boating, waterfront and outdoor lifestyle that makes South Florida so desirable. And when it is time for the beach, the property is approximately a 10-minute drive away.This is more than a beautiful home! it is a lifestyle centered around sunshine, water, entertaining, privacy and the freedom to enjoy Fort Lauderdale at your own pace.

1629 NE 4th Place, Fort Lauderdale

$1,299,000

A12048001 MLS

Exceptional cash-flowing fourplex featuring a rare 3-bedroom owner's suite, offering a massive value-add opportunity for investors and owner-occupants. The property currently generates a secured $4,594 per month from just two units: Unit 2 has a stable Section 8 tenant at $2,394/month, and Unit 1 features a newly signed lease at $2,200/month commencing October 1st. The immediate upside lies in the remaining two vacant units. Unit 3 is a 1-bedroom layout with a proven track record as a successful short-term rental, historically grossing up to $3,000/month during peak summer months (conservatively projected at $2,200/month annually). Unit 4 is a highly desirable 3-bedroom suite projected at $4,000/month, perfect for an owner-occupant looking to live on-site while the other three units cover the operating costs. At full market stabilization, the projected gross annual income exceeds $129,000. The building features solid physical updates throughout, making the units highly leasable and easy to maintain. Please note: The property is being sold strictly as-is. The buyer will be required to assume an open municipal permit file and sign a hold-harmless agreement at closing. The recent price reduction directly reflects this requirement, leaving ample room for a cash buyer to clear the permits and stabilize the asset for a premium yield.

1634 NE 4th Place, Fort Lauderdale

Middle River Park Real Estate

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