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.
| MLS # | B26041790 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1958 |
| Days On Site | 66 |
| Listing Provided By | EXP Realty LLC | Edward Gurovich |
| SQ Feet | 2,662 |
|---|---|
| Story(s) | 1 |
| Units | 4 |
| Zoning | RD-15 |
| Acreage | 0.22 |
| Lot Features | Less Than One Acre, Less Than Quarter Acre |
|---|
| Tax Annual Amount | 16616 |
|---|
| State | FL |
|---|---|
| County | Broward |
| City | Fort Lauderdale |
| Zip Code | 33315 |
| Area | 3470 |
| Subarea | Ft Ldale SW (3470 3500;3570 3590) |
| Community Name | CROISSANT PARK RIVER SEC |
| Listing VS Median (in CROISSANT PARK RIVER SEC) | |
Price: $990,000 low | high Med: $7,950 sqft: 2,662 low | high Med: 2,565 $ / sqft: $372 low | high Med: $3 On site: 66 low | high Med: 38 | |
| State | FL |
|---|---|
| County | Broward |
| City | Fort Lauderdale |
| Zip Code | 33315 |
| Area | 3470 |
| Subarea | Ft Ldale SW (3470 3500;3570 3590) |
| Community Name | CROISSANT PARK RIVER SEC |
| Listing VS Median (in CROISSANT PARK RIVER SEC) | |
Price: $990,000 low | high Med: $7,950 sqft: 2,662 low | high Med: 2,565 $ / sqft: $372 low | high Med: $3 On site: 66 low | high Med: 38 | |