916 SW 8th Avenue # 4, Fort Lauderdale FL 33315

Rare investment opportunity in Fort Lauderdale’s desirable Tarpon River neighborhood. This fully occupied residential income property is a classic one-story quadruplex built in 1958, offering approximately 2,662 square feet of building area on a generous 9,687 square foot lot.

The property includes four one-bedroom, one-bath units, providing immediate rental income and long-term appreciation potential. Current rent potential is estimated at $1,800 to $2,000 per unit, with projected gross rents of approximately $7,200 to $8,000 per month. The seller acquired the property through a 1031 exchange, making this an attractive option for investors considering similar tax-deferred strategies.

Tarpon River Fourplex, Units 1-4

Located at 916 SW 8th Avenue # 4, Fort Lauderdale FL 33315, the property benefits from city and county-maintained frontage as well as convenient access to U.S. Highway 1. Features include ceiling fans, wall or window air conditioning units, window or wall heating, a courtyard, barbecue area, and outside storage. Pets are allowed.

Preliminary architectural due diligence includes a construction survey dated 3/2026 and a feasibility review indicating potential for two townhomes, subject to design, City permits, and approval. Buyers should independently verify all development possibilities with the appropriate planning and zoning departments.

Residents enjoy easy access to Downtown Fort Lauderdale, Las Olas Boulevard, local beaches, the airport, and South Florida’s vibrant lifestyle. With warm weather, waterfront recreation, dining, entertainment, and Miami’s world-class attractions nearby, this location offers strong appeal for both tenants and investors. The property is zoned for Croissant Park Elementary, New River Middle, and Stranahan High School.

For more information or to schedule a showing, call or text WhatsApp at +1 786.468.4380.