About This Property

Rare opportunity: Investors seeking current income, long-term appreciation, and 1031 exchange potential. In Fort Lauderdale's desirable Tarpon River neighborhood, this property offers 2,664 sq ft of building area on a large 9,687 sq ft lot, minutes to Downtown Ft L, Las Olas, beaches, & Airport. This fully occupied fourplex has four 1-bedroom / 1-bath units, with current cash flow and future upside. Each unit's rent potential is $1,800-$2,000 per month yielding gross rents of $7,200-$8,000 monthly. Acquired by the seller as a 1031 exchange, preliminary architectural due diligence includes construction survey (3/2026) and feasibility review, indicating potential for 2 townhomes, subject to design, City permits / approval. Buyer to independently verify with planning and zoning departments.

Key Features

• 9,687 sq ft Lot
• Built in 1958

Property Details

• Type: Single Family Home
• Year Built: 1958
• Lot Size: 9,687 sq ft
• Sq Ft: 2,662
• Price / Sq Ft: $372
• HOA: Contact Agent
• Bedrooms: 0
• Bathrooms: 0
• Feature: 9,687 sq ft Lot
• Feature: Built in 1958
• Status: Active
• MLS Number: 1174733308
• Days on Market: 112
• Listed By: EXP Realty LLC · Edward Gurovich
• Zip Code: 33315