916 Sw 8th Avenue Unit #1-4, Fort Lauderdale, FL 33315
- $990,000
- 2,662
- SqFt
- List Price
- $990,000
- MLS
- B26041790
- Status
- ACTIVE
- Type
- Multifamily
- Living Area
- 2,662
Property Description
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.
Additional Information
- Days on Market
- 43
- Style
- Fourplex
- Lot Size
- 9,687
- Exterior Features
- East Of Us1, Barbeque, Courtyard
- Year Built
- 1958
- Development Name
- Croissant Park River Sec, Tapron River
- #Stories
- 1
- Construction Type
- Brick, Slab Construction, Stone, Stucco
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Listing Courtesy of EXP Realty LLC, Contact: