637 NE 4TH, Fort Lauderdale, FL

New Listing
$3,700,000
Property Type: Commercial Sale Square Footage: 10,057 Status: Active
Current Price: $3,700,000 List Date: 10/02/2026 Last Modified: 10/02/2026

Overview

Description

Art Lofts is a nine-unit multifamily property built in 2022, located in the MASS Districtof Flagler Village in Downtown Fort Lauderdale. The unit mix consists of seven studios and two one-bedroom units with modern finishes throughout. PROPERTY HIGHLIGHTS 9-Unit Multifamily Investment in Fort Lauderdale's Flagler Village / MASS District Built in 2022 - modern construction with minimal near-term capital requirements Unit Mix: 7 studios + 2 one-bedroom units The property currently operates as a furnished short-term rental, producing a 6% cap. Prime Downtown Fort Lauderdale Location with strong walkability to dining, retail, entertainment, and employmentrate on trailing operations with 81% occupancy.

Listing Details MLS# B26083230

General Property Information

Number Of Buildings
Yes
Property Sub Type
Multi Family
Price Per Unit
411
Building Area Main
10057
Building Area Source
Appraiser
Adjusted Area Main
7484
Year Built
2022
Parking Total
10
Lot Size Area
6750
Lot Size Acres
0.15
Accessibility Features YN
Yes
Stories Total
3

Property Features

Documents Available: Rent Rolls; Other Electric: 0-100 Amp Service Heating: Central Parking Features: Accessible Parking; Assigned; Covered Possession: Other Special Listing Conditions: Standard Construction Materials: CBS Cooling: Central Building Listing Terms: Cash; Conventional Roof: Other Security Features: Key Card Entry Sewer: Public Sewer Utilities: Sewer Connected; Water Available Water Source: Public Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
3700000
Negotiable Seller Concessions YN
No
Listing Service
Full Service

Location and Legal

Country
United States
County Or Parish
Broward
Street Number
637
Street Direction Prefix
NE
Street Name
4TH
Municipality Type
Incorporated
State Or Province
FL
Postal Code
33304
Postal Code +4
4995
Area
3700
Geographic Area
FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Parcel Number
494234075390
Subdivision Number
7
Zoning
RAC-UV
Flood Zone
AE
Property Description
MULTIFAMILY 2-9 UNITS

Financial Information

Tax Annual Amount
54940.11
Tax Year
2025
Tax Assessed/SOH Value
2914620
Tax Legal Description
PROGRESSO 2-18 D LOT 4,5 BLK 316
Assessor Market Value
2914620

Status Change Information

Major Change Timestamp
2026-10-02T06:54:46Z
Major Change Type
New Listing
Status Change Date
2026-10-02

More Information

Meter Information

Separate Electric Meters YN
Yes
Number Of Separate Electric Meters
9
Separate Gas Meters YN
No
Separate Water Meters YN
No

Other Area Details

Building Area Other Structures
2573
Adjusted Area Other Structures
2573

Originating Details

Originating System Key
20261002063731176854000000
Originating System ID
M00000170
IDX
Listing Office: Native Realty Co.
Source MLS Verified
Last Updated: October - 02 - 2026
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