This Riverside Park opportunity offers
10-spacious units providing 8,150 Rentable SF in Fort Lauderdale
• Prime Location: East of I-95 and walkable to Downtown, Las Olas, Brightline, museums, and dining—high-demand area with strong rental potential and long-term growth.
• Large Corner Lot: Over 26,000 SF of land spanning corner to corner, offering future redevelopment potential or value-add upside.
• Flexible Seller Financing: Seller is open to negotiations and will provide financing if needed, reducing barriers to entry for qualified buyers.
3. Historic Charm & Redevelopment Potential Riverside Park is a designated historic neighborhood featuring beautiful tree-lined streets and classic Florida-style homes, which adds unique appeal.The neighborhood has seen steady appreciation, with more investors and homebuyers looking for character-filled properties in up-and-coming areas.Some older properties offer value-add opportunities through renovations and updates.
4. Affordability Compared to Downtown & Waterfront Areas Riverside Park offers more affordable real estate compared to Las Olas, Victoria Park, or Rio Vista while still being centrally located.Investors can find duplexes, triplexes, and single-family homes at competitive prices, with strong potential for appreciation.
5. Potential for Airbnb & Short-Term Rentals Fort Lauderdale remains a top destination for tourists, cruise passengers, and business travelers.Riverside Park's proximity to downtown, the beach, and major attractions makes it an attractive area for Airbnb investors (subject to local regulations).
6. Low Inventory & High DemandLike much of South Florida, Fort Lauderdale has limited housing supply, pushing prices higher over time. With migration trends favoring Florida (due to no state income tax and business-friendly policies), Riverside Park real estate is poised for continued demand.
Conclusion
For investors looking at rental income and long-term appreciation, Riverside Park offers a solid mix of affordability, location, and potential growth. Whether for traditional rentals or short-term investments, this historic neighborhood is becoming an increasingly valuable and sought-after part of Fort Lauderdale's real estate market.
Comparable Sales:
1630 SW 4th Ave – $2,600,000 | 8 units | 5,458 SF BA | 10,890 SF LA
709 SW 4th Ct – $1,700,000 | 7 units | 3,353 SF BA | 13,939 SF LA
411 SW Palm Ave – $2,100,000 | 8 units | 5,648 SF BA | 11,326 SF LA