730 NW 4th Avenue, Fort Lauderdale, Florida 33311 USA
$899,000
Single Family
MLS® B26029350
About this Property
Four 2-bedroom units, a 2024 roof, existing rental income, and an improving location near some of Fort Lauderdale's most talked-about redevelopment! This Progresso Village quadplex offers an opportunity for an investor looking for both current income and future potential. Each of the four units features 2 bedrooms and 1 bathroom, giving the property a different rental profile than many smaller multifamily options in the area. Two units are currently occupied, including a long-term tenant of approximately 16 years, while the two vacant units offer the next owner flexibility to lease at current market rates or reposition as desired. The owner is also adding all-in-one washer/dryer units to Units 1 and 3, bringing in-unit laundry to three of the four residences. Major value already added includes a 2024 roof, updated kitchens, flooring throughout the units, and exterior paint. Located in Progresso Village between the Sistrunk area and Flagler Village, the property is convenient to Downtown Fort Lauderdale and the ongoing redevelopment surrounding FAT Village and nearby districts. With four 2/1 units, existing tenants, vacant units ready for lease, recent property improvements and continued investment happening nearby, this offers investors multiple ways to approach the property from day one! Disclaimer: Select photos have been virtually staged using AI to illustrate possible furniture placement and use of space. Furnishings, décor, window treatments, and accessories shown are not included and may not reflect the property's current condition. Please refer to the un-staged photos and/or view the property in person for its actual condition.Property Tour
Property Location
Disclaimer
The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.The Florida Association of Realtors and its cooperating MLS's do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. This property is courtesy of Southern Select Realty.
