Sold Jul 17, 2026
$1,039,000Offered at $990,000Under Contract
- beds
- —
- baths
- 0
- sq ft
- 2,662
- Built
- 1958
916 SW 8th Avenue #1-4
Fort Lauderdale, FL 33315
About this home
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.
Listing last checked: Listing updated:
Listed by Edward Gurovich · EXP Realty LLC · MLS #B26041790
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Details at a glance
Interior3 property facts
- Heating
- Wall Furnace
- Cooling
- Ceiling Fan(s), Wall/Window Unit(s)
- Flooring
- Tile, Vinyl, Wood
Building5 property facts
- Style
- Quadruplex
- Year built
- 1958
- Parking
- 8
- Foundation
- Slab
- Roof
- Shingle
Land & utilities4 property facts
- Lot size
- 0.22 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- RD-15
Financial2 property facts
- Annual taxes
- $16,616
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $990,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$6,391 / monthAdjust
- Principal & interest
- $5,006
- Property tax
- $1,385
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $16,616. 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.
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About 916 SW 8th Avenue #1-4
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