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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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634 SW 4th Avenue 1-2 , Fort Lauderdale, FL 33315
$1,350,000
Est. Payment: $3,000.00/mo
4 Bed
2 Bath
1658 Sqft
Status: Active | Days on site: 133
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FLLkeye24 - FLL276692003
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House Description

THE SITE: Two contiguous parcels (Folios 504210015131 & 504210015132) totaling 12,500 SF in Fort Lauderdale's New River South corridor. 100 ft wide × 125 ft deep across two contiguous lots. Rear alley may provide vehicle access — subject to pre-development review with City transportation engineer. THE ZONING: RAC-SMU (Regional Activity Center — Southwest Mixed Use) is one of Fort Lauderdale's most flexible designations. The property's RAC Future Land Use designation may provide eligibility under Florida's Live Local Act (SB 102) — buyers and their counsel are encouraged to inquire directly with the City. THE INCOME: Two existing duplexes generate $7,200/month in rental income — $3,800 from 634 SW 4th Ave and $3,400 from 638 SW 4th Ave. Existing tenancies provide cash flow during the permitting and pre-construction period — a real advantage over vacant land. THE MARKET: New construction townhomes in the Tarpon River / New River South corridor are actively trading between $875,000 and $1,100,000+. Double-digit year-over-year price appreciation. Strong demand from both end-users and developers. Contact the listing agent directly. Inquire about Live Local Act eligibility. Minutes to Las Olas, I-95, FLL & beaches. Sold as-is.

Highlights

Listed by Alejandro Saenz de la Calzada Rosenstein , 954-489-8589 The Keyes Company , 954-467-0105.

Property Type

Multi-Family

Lot/Acreage
0.14

Year Built

1970

County

Broward

Area

3500

Neighborhood

Ft Lauderdale B-40

Listing ID

B26021184

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2
  • Full Bathrooms:
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:
Floor:Ceramic Tile,Tile
Water:Public

Exterior Features

Lot:<1 Acre,< 1/4 Acre
Zoning:RAC-SMU
Roof:Other
Sewer:Public Sewer
Principal Interest
$3,000
Taxes
$769

Home Price

$1,350,000

Loan Details

30 yrs
%

Down Payment

20%
$270,000
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Monthly Price:
$3,000.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,000.00 $768.67 $0.00 $3,768.67
Yearly $36,000.00 $9,224.00 $0.00 $45,224.00
Total $1,080,000.00 $276,720.00 $0.00 $1,356,720.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Fort Lauderdale, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.