A turnkey, fully furnished 9-unit building in Flagler Village, Downtown Fort Lauderdale — built in 2022 and already operating as an established Airbnb.
Art Lofts at 637 NE 4th Ave is a nine-unit multifamily building in Flagler Village, one of the most walkable neighborhoods in Downtown Fort Lauderdale. Completed in 2022, it has seven studios and two one-bedroom units, all fully furnished and operating as a short-term rental. The property is offered at $3,700,000.
The building is offered turnkey: furniture, fixtures, improvements, and the operating profile and review history transfer with the sale. A buyer steps into a new-construction asset with an existing income stream and minimal near-term capital needs.
Property Overview
| Address | 637 NE 4th Ave, Fort Lauderdale, FL 33304 |
| Asking Price | $3,700,000 |
| Price Per Unit | ±$411,000 |
| Units | 9 — 7 studios + 2 one-bedrooms |
| Year Built | 2022 |
| Building Size | ±10,057 SF |
| Lot Size | ±6,746 SF |
| Gross Income | $557,128 (2026 annualized) |
| NOI | $233,150 (2026 annualized) |
| Cap Rate | 6.3% |
| Current Use | Fully furnished short-term rental (Airbnb) |
Property Highlights
- $557,128 gross income, 2026 annualized (Jan–Jun 2026 actuals × 2)
- $233,150 NOI after real estate taxes and insurance — a 6.3% cap rate
- Established Airbnb operation: 80% average occupancy (Jan–Jun 2026) and a 4.78-star rating across 1,398 reviews
- Upside: currently listed on Airbnb only — not yet on VRBO, Booking.com or Google
- 2022 new construction with minimal near-term capital needs
- Fully furnished and turnkey — furniture, fixtures and improvements convey
- Walkable to Flagler Village dining, retail and Downtown employment
Ideal for Investors
- Short-term rental investors — take over a proven operation with strong guest reviews instead of building one from scratch
- 1031 exchange buyers — a new-construction, stabilized asset at a manageable price point
- Long-term holders — one of the few small-scale, individually ownable buildings in Flagler Village
Location: Flagler Village, Downtown Fort Lauderdale
Flagler Village sits just north of Downtown Fort Lauderdale and has become one of the city’s busiest residential and dining districts. From 637 NE 4th Ave, guests and residents are minutes from:
- Las Olas Boulevard and the Riverwalk
- Brightline’s Fort Lauderdale station and Downtown offices
- Fort Lauderdale Beach
- The Galleria Mall
- Fort Lauderdale-Hollywood International Airport (FLL)
Request the Offering Memorandum
Full financials, monthly performance and additional photos are in the offering memorandum. Reach out directly to request a copy.
Adam Docktor, Vice President, Native Realty
Call or text: 954-610-0440
Email: [email protected]
Looking for other investment opportunities? See my 2211 & 2215 Davie Blvd office building and my 460 SW 4th Ave development site in Downtown Fort Lauderdale.
All information is deemed reliable but not guaranteed. Figures per ownership’s P&L (January 2025–June 2026 actuals). Square footages are approximate. Buyer to verify all property details and financials during due diligence.
