916 SW 8th Avenue Unit 1-4, Fort Lauderdale, FL 33315

$990,000
2,662
SqFt

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List Price
$990,000
Days on Market
87
MLS#
B26041790
Year Built
1958
Living Area
2,662
Acres
0.22
Building Name
Tapron River
MLS Area Major
3470

Property Description

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.

Additional Information

Taxes
$16,616
Utilities
Cable Available, Electricity Available, Sewer Connected, Water Available
Heating
Wall Furnace
Air Conditioning
Ceiling Fan(s), Wall/Window Unit(s)
Exterior Construction
Brick, Stone, Stucco
Roof
Shingle
Foundation
Slab
Elementary School
Croissant Park
Middle School
New River
High School
Stranahan

Listing courtesy of EXP Realty LLC. Contact:

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