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1236 NW 4th Ave
Fort Lauderdale, FL 33311 South Middle River

$900,000 USD

Apartments For Sale  •  4,207 SF

Property Details

• Property Type Apartments
• Total Building Size 4,207 SF
• Lot Size 0.32 AC
• Building Class C
• Year Built 1984
• Cap Rate 6.46 %
• Zoning RD-15

43 Transit Score

64 Walk Score

Highlights

100% Occupied

22% Upside in rents with month-to-month leases

Lot size: ±13,513 SF (± 0.31 ACRES)

Located in an Opportunity Zone

Property Flyers

4th Ave Apartments - Fort Lauderdale, FL - OM

Financial Summary (Actual)

Net Operating Income: $58,122 USD (2024)

Cap Rate:	6.46 %
Total Expenses:	$40,773 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Fort Lauderdale (Mainline - Brightline)	3 min	-	1.7 mi
Fort Lauderdale (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	9 min	-	3.6 mi
Airport	Drive	Walk	Distance
Fort Lauderdale/Hollywood International	15 min	-	8.5 mi
Miami International	52 min	-	33.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	4
Type:	Surface
Included in Rent:	Yes