$950,000
Fort Lauderdale, FL 33311
MLS# B26029350
2792 sqft
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1 / 27
Property Description
Opportunities like this are getting harder to find. Located in one of Fort Lauderdale's rapidly evolving neighborhoods, this 4-unit multifamily property offers the kind of location, rental demand, and upside that investors are actively searching for. With 3 of the 4 units already occupied, you can start generating income immediately while still having room to increase cash flow and maximize future returns! Positioned just minutes from Flagler Village, Brightline Fort Lauderdale Station, Las Olas Boulevard, and FAT Village just 5 minutes away this property sits near some of the city's strongest drivers for redevelopment, lifestyle demand, and long-term appreciation.
Details
Maps
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: Yes
Listing Date: 2026-05-15
Status: Active
Original List Price: 999999
List Price: $950,000
Current Price: $950,000
Listing Service: Full Service
Location and Legal
County Or Parish: Broward
Municipality Type: Incorporated
Geographic Area: FTNW - Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Subdivision Number: 7
Multiple Offers Accepted: Yes
Special Assessment YN: No
Flood Zone: AE
Country: United States
Street Number: 730
Street Direction Prefix: NW
Street Name: 4th
Street Suffix: Avenue
State Or Province: FL
Postal Code: 33311
Postal Code +4: 7360
Subdivision Name: PROGRESSO
Area: 3810
Elementary School: North Side
Middle Or Junior School: Sunrise
High School: Fort Lauderdale
Parcel Number: 494234070430
Zoning: RMM-25
General Property Information
Number Of Units Total: 4
Adjusted Area Main: 2792
Living Area Main: 2792
Living Area Source: Public Records
Accessibility Features YN: No
Gated Community YN: No
Parking Total: 4
Lot Size Area: 6750
Senior Community YN: No
Outdoor Living Spaces YN: No
Land Lease YN: No
Recreation Lease YN: No
Stories Total: 1
Pool Private YN: No
Spa YN: No
LP/Assessed Value: 1.28
Property Sub Type: Quadruplex
Building Area Main: 2792
Building Area Source: Public Records
Year Built: 1949
Lot Size Acres: 0.15
Financial Information
Application Required YN: No
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 0
Tax Assessed/SOH Value: 741630
Assessor Market Value: 741630
Tax Annual Amount: 15983.41
Tax Year: 2025
Tax Legal Description: PROGRESSO 2-18 D LOT 40,41 BLK 283
Office/Member Information
DXORIGMLSID: RML
Exterior Features
None: 1
Flooring
Tile: 1
Leasing Permitted Details
Leasing Permitted YN: Yes
Okay To Lease: 1
Property Condition
Resale: 1
Special Listing Conditions
Standard: 1
Co-Ownership
Property Management YN: No
Documents Available
None: 1
Fencing
Back Yard: 1
Chain Link: 1
Gate: 1
Wood: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Gas Meters YN: No
Separate Water Meters YN: No
Number Of Meters Total: 1
Number Of Separate Electric Meters: 4
Structure Type
Multi Family: 1
Quadruplex: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Insurance: 1
Repairs: 1
Other Structures
None: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Utilities
Electricity Connected: 1
Water Connected: 1
Heating
Window/Wall: 1
Leasing Restrictions
Leasing - Max Times Per Year: 1
Leasing - Minimum Number of Days: 365
Water Access
None: 1
Construction Materials
Block: 1
CBS: 1
Concrete Block - With Stucco: 1
Laundry Features
None: 1
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Other Equipment
None: 1
Roof
Shingle: 1
Water Source
Public: 1
Income and Expenses
Annual Total Expense: 33224
Gross Income: 86400
Net Operating Income: 53176
Source Of Expenses
Owner Provided: 1
Boat and Dock Information
Dock: No
Cooling
Wall/Window Unit(s): 1
Showing Requirements
24 Hour Notice: 1
Combination Lock Box: 1
Occupied: 1
Schedule Online: 1
Text Listing Agent: 1
Main Living Area
Entry Level: 1
Membership
No Membership Available: 1
Pets Allowed YN
Yes: 1
Pets Allowed
No Restrictions: 1
Pet Details
Pet Fee YN: No
Restrictions
No Restrictions: 1
Storm Protection Details
None: 1
Tax Information
No Homestead: 1
Unit 1 Appliances
Range: 1
Refrigerator: 1
Unit 1 Details
Actual Rent: 0
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 800
Unit 1 Lease Description
Currently Leased YN: No
Occupant Type: Vacant
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Details
Carport YN: No
Garage YN: No
Unit 1 Parking Features
On Street: 1
Open Parking: 1
Parking Space: 1
Unit 1 Rooms
Kitchen: 1
Unit 2 Appliances
Range: 1
Refrigerator: 1
Unit 2 Details
Actual Rent: 1600
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Furnished
Hotel Room YN: No
SqFt: 800
Unit 2 Lease Description
Currently Leased YN: Yes
Lease Term: Month To Month
Lease Expiration: 2027-05-31
Occupant Type: Tenant
Unit 2 Other Equipment
Air Conditioning Unit: 1
Unit 2 Parking Details
Carport YN: No
Garage YN: No
Unit 2 Parking Features
On Street: 1
Open Parking: 1
Parking Space: 1
Unit 2 Rooms
Kitchen: 1
Unit 3 Appliances
Range: 1
Refrigerator: 1
Unit 3 Details
Actual Rent: 1900
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 800
Unit 3 Lease Description
Currently Leased YN: Yes
Lease Term: 12 Months
Lease Expiration: 2027-05-31
Occupant Type: Tenant
Unit 3 Parking Details
Carport YN: No
Garage YN: No
Unit 3 Parking Features
Open Parking: 1
Parking Space: 1
Unit 3 Rooms
Kitchen: 1
Unit 4 Appliances
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 4 Details
Actual Rent: 2050
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 800
Unit 4 Lease Description
Currently Leased YN: Yes
Lease Term: Month To Month
Lease Expiration: 2027-05-31
Occupant Type: Tenant
Unit 4 Parking Details
Carport YN: No
Garage YN: No
Unit 4 Parking Features
On Street: 1
Open Parking: 1
Parking Space: 1
Unit 4 Patio/Porch
Patio/Porch: 1
Unit 4 Rooms
Kitchen: 1
Price Calculations
Current Price To SqFt: 340.25
Acreage Description
Less Than 1/4 Acre Lot: 1
Less Than 1 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2026-05-28T14:37:41Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-05-28T14:37:41Z
Status Change Date: 2026-05-16
Originating Details
Originating System Key: 20260514204505851211000000
Originating System ID: M00000170
Property Features
Documents Available: None
Exterior Features: None
Fencing: Back Yard; Chain Link; Gate; Wood
Flooring: Tile
Leasing Permitted Details: Okay To Lease
Property Condition: Resale
Special Listing Conditions: Standard
Structure Type: Multi Family; Quadruplex
Tenant Pays: Cable TV; Electricity; Insurance; Repairs
Source Of Expenses: Owner Provided
Construction Materials: Block; CBS; Concrete Block - With Stucco
Cooling: Wall/Window Unit(s)
Heating: Window/Wall
Laundry Features: None
Levels: One
Listing Terms: Cash; Conventional; FHA; VA Loan
Main Living Area: Entry Level
Membership: No Membership Available
Other Equipment: None
Other Structures: None
Pets Allowed YN: Yes
Pets Allowed: No Restrictions
Possession: Close Of Escrow
Restrictions: No Restrictions
Roof: Shingle
Sewer: Public Sewer
Storm Protection Details: None
Tax Information: No Homestead
Utilities: Electricity Connected; Water Connected
Water Access: None
Water Source: Public
Showing Requirements: 24 Hour Notice; Combination Lock Box; Occupied; Schedule Online; Text Listing Agent
Unit 1 Appliances: Range; Refrigerator
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: On Street; Open Parking; Parking Space
Unit 1 Rooms: Kitchen
Unit 2 Appliances: Range; Refrigerator
Unit 2 Other Equipment: Air Conditioning Unit
Unit 2 Parking Features: On Street; Open Parking; Parking Space
Unit 2 Rooms: Kitchen
Unit 3 Appliances: Range; Refrigerator
Unit 3 Parking Features: Open Parking; Parking Space
Unit 3 Rooms: Kitchen
Unit 4 Appliances: Dryer; Microwave; Range; Refrigerator; Washer
Unit 4 Parking Features: On Street; Open Parking; Parking Space
Unit 4 Rooms: Kitchen
Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot
Supplements
Residents love the convenience of being close to Downtown Fort Lauderdale, major highways, dining, nightlife, shopping, beaches, and commuter access throughout South Florida. Each unit offers a functional layout with updated flooring, and refreshed interiors with modern kitchen improvements including new cabinetry, countertops, and backsplash finishes designed to attract quality tenants and support stronger rental potential. Whether you're a seasoned investor looking to expand your portfolio, a buyer seeking strong rental demand in a growing area, or someone looking to live in one unit while generating income from the others, this property checks all the boxes. -Income-producing asset -High-demand rental location -Minutes from major redevelopment corridors -Value-add potential with future upside -Strong long-term investment opportunity This isn't just a multifamily property, it's a chance to own in an area where growth, development, and demand continue to reshape the future of Fort Lauderdale!
Listing Office: Southern Select Realty
Last Updated: August - 06 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
Broker Attribution:
todd@ssr-fl.com
