About this home
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 last checked: Listing updated:
Listed by Adam S Docktor · Native Realty Co. · MLS #B26083230
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Details at a glance
Interior2 property facts
- Heating
- Central
- Cooling
- Central Air
Building4 property facts
- Style
- Multi Family
- Year built
- 2022
- Parking
- 10
- Roof
- Other
Land & utilities4 property facts
- Lot size
- 0.15 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- RAC-UV
Financial2 property facts
- Annual taxes
- $54,940
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $3,700,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$23,288 / monthAdjust
- Principal & interest
- $18,709
- Property tax
- $4,578
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $54,940. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Sld
$3,000,000 · Sold $3,000,000 · Mar 30, 2021
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About 637 NE 4TH AVE
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