638 SW 4th Avenue, Fort Lauderdale, FL 33315

Property 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.

Listing Status:

Active

Date Added:

April 29, 2026

Data Last Updated:

June 12, 2026 at 7:19AM

Listing Office:

The Keyes Company : 954-467-0105

Listing Agent:

Alejandro Saenz de la Calzada Rosenstein : 954-489-8589

MLS ID:

B26021643

Location

• Road/Access: Asphalt
• Originating MLS: BEACH_BEACH
• County: Broward

Lot

• Zoning: RAC-SMUFT LAUDERDALE B-40 D LOT 9 LESS W 20 BLK 51504210015132
• Fencing: None
• Current Use: ResidentialSingle Family

Utilities

• Utilities: Other
• Water: Public
• Sewer: Public Sewer

Financial

• Source: BEACH_BEACH