Tarpon River, 638 SW 4th Ave #1-2

Beds
0.14
Acre
$9,642,857
$/Acre
Premium Land
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 Courtesy Of: The Keyes Company
Local Realty Services Provided By: Best of Luxury Realty
On Site: 176 DaysUpdated: 16 Days agoPage Views: 0

Features

MLS Number: B26021643
All features
  • Current Use: Residential, SingleFamily
  • Approx SqFt Total Area: 6250
  • Property SqFt: 6250
  • Remarks: 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.
  • REO: Standard
  • Internet Remarks: 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.
  • Waterfront: No info
  • Days on Market: 160
  • Compass Point: SW
  • Office Name: The Keyes Company
  • Taxes: 9224.96
  • Tax Year: 2025
  • Listing Date: 2026-04-29T10:56:04.000-00:00
  • Lot Size Square Feet: 6250

Apples-to-Apples Comparables

 Closest-Match Comparables
See closest-match comps for this subdivision
No obligation
Verified
Trends
Insights
Best of Luxury Realty
Talk to a local advisor
Licensed advisors answering your questions across Fort Lauderdale, FL
01
Licensed Brokerage
02
Local Advisors
03
Direct Answers
Exclusive real estate service partner

Price History

Current
$1.4M
High
$1.6M
Low
$1.4M
Total Change
-15.6%
$1.6M$1.5M$1.3MApr 26Jul 26
Date
Event
Price
Change
Price Per
07/06/2026
Price Reduced
$1.4M
-15.63%
$216 ft2
$2,325 m2
04/29/2026
Listed
$1.6M
 
$256 ft2
$2,756 m2
07/06/2026
$1.4M
Event
Price Reduced
Change
-15.63%
Price Per
$216 ft2
$2,325 m2
04/29/2026
$1.6M
Event
Listed
Price Per
$256 ft2
$2,756 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Alejandro Saenz de la Calzada Rosenstein • The Keyes Company • Buyer Agency Compensation .
Tour This Property
Choose an in-person or video tour with a licensed local advisor
A local advisor will confirm availability
Ready to Make an Offer?
Get expert guidance from a local advisor

Peer Listings

Active listings from matched communities
Results 0 of 0
No listings found
Try adjusting your filters or changing your location to see available listings
Turn on listing alerts and we'll notify you
when matching listings appear
Community Snapshot
1 – 5 BR
Bedrooms
$189K – $2.7M
Price Tier
510 - 6,108
SqFt Range
1972
Year Build
3
Total Floors

Subdivision Amenities

Barbecue
Bike Storage
Boat Dock
Car Wash Area
Clubhouse
Elevators
Fitness Center
Laundry
Library
Maintenance Grounds
None
Parking
Pickleball
Pool
Security
Storage
Trash
Vehicle Wash Area

All Fort Lauderdale, FL
Premium
Premium Homes & Condos

Other Fort Lauderdale, FL Homes & Condos Price Range Segments

Tarpon River Communities in Fort Lauderdale, FL