645 NE 4th Ave - Apartments FOR SALE


Fort Lauderdale, FL 33304- Flagler Heights
$4,500,000 USD
954-610-0440
645 NE 4th Ave, Fort Lauderdale, FL for Sale
$4,500,000 USD
Apartments - FOR SALE
1/25
null | 4.89% Cap Rate

645 NE 4th Ave
Fort Lauderdale, FL 33304
Flagler Heights


HIGHLIGHTS

  • Modern construction and attractive curb appeal and well-maintained property
  • Prime investment opportunity on a strong rental market and potential for value appreciation
  • Spacious floor plans with desirable low-rise/garden style building
  • Proximity to urban amenities in high demand for multifamily housing

OVERVIEW

Own a slice of Flagler Village—one of South Florida’s most exciting and rapidly evolving neighborhoods. This property is ideally situated, surrounded by thousands of luxury apartments and walkable retail in every direction. High foot traffic and constant demand make this a smart investment for both owner-users and developers. Whether you’re looking to live in one unit and lease the others, or convert the entire building into condominiums for resale, the upside potential is tremendous. The area continues to attract strong interest from both tenants and buyers eager to get in. Opportunities like this are few and far between. Don’t miss your chance to secure a trophy property in one of Fort Lauderdale’s most sought-after urban enclaves. Located in vibrant Fort Lauderdale, the area surrounding the property is a hub of business, culture, and recreation. Within close proximity, investors will find the trendy Flagler Village, offering an array of restaurants, cafes, and art galleries. Nearby, the lively Las Olas Boulevard presents upscale shopping, dining, and entertainment options. The location also provides easy access to stunning beaches and waterfront attractions, as well as convenient transportation links. With its thriving business community and dynamic urban atmosphere, Fort Lauderdale offers an enticing environment for office building investors seeking a prime commercial real estate opportunity.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$438 USD /SF

# OF UNITS

5

PRICE/UNIT

$900,000

CAP RATE

4.89%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Taho Flagler Townhomes

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2020

PARKING SPACES

33

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,305 SF

ZONING

RAC-UV

APN/PARCEL ID

49-42-34-07-5380

ASK ABOUT THIS PROPERTY

Adam DocktorNative Realty Co.More Info
954-610-0440

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Adam DocktorNative Realty Co.More Info
954-610-0440

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.