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916 SW 8th Avenue 1-4, Fort Lauderdale, FL 33315

$990,000
Property Type: Residential Income Square Footage: 2,662 Status: Active Under Contract
Current Price: $990,000 List Date: 6/16/2026 Last Modified: 9/25/2026

Overview

Description

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 Details MLS# B26041790

General Property Information

Number Of Units Total
4
Property Sub Type
Quadruplex
Building Area Main
2662
Building Area Source
Assessor
Living Area Main
2662
Living Area Source
Assessor
Adjusted Area Main
2662
Accessibility Features YN
No
Year Built
1958
Parking Total
8
Gated Community YN
No
Lot Size Area
9687
Lot Size Acres
0.22
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories Total
Yes
Pool Private YN
No
LP/Assessed Value
1.23

Property Features

Documents Available: Copy Of Lease(s); Deposit Held; Rent Rolls Exterior Features: Barbecue; Garden; Storage Fencing: Back Yard; Fenced; Gate Flooring: Tile; Vinyl; Wood Foundation Details: Slab Leasing Permitted Details: Okay To Lease; Short Term Rentals Allowed Special Listing Conditions: Standard Structure Type: Quadruplex Tenant Pays: Cable TV; Electricity Source Of Expenses: Pro Forma Construction Materials: Brick; Stone; Stucco Cooling: Ceiling Fan(s); Wall/Window Unit(s) Heating: Window/Wall Laundry Features: Common Area; Laundry Room Levels: One Listing Terms: 1031 Exchange; Cash; Contract; Conventional; Cryptocurrency; FHA Main Living Area: Entry Level Other Equipment: Satellite Dish Other Structures: Gazebo; Outbuilding; Shed(s); Storage Pets Allowed YN: Yes Pets Allowed: Pet Restrictions Possible Possession: Negotiable Restrictions: Lease Restrictions Road Frontage Type: East of US-1 Road Responsibility: Public Maintained Road Roof: Shingle Sewer: Public Sewer Tax Information: Other Exemption Utilities: Cable Available; Electricity Available; Sewer Connected; Water Available Water Access: None Water Source: Public Showing Requirements: Appointment Only; Call Owner; No Sign; Occupied Outdoor Living Spaces: Courtyard; Deck; Patio Courtyard Details: Courtyard - Open Patio Details: Patio - Covered Unit 1 Appliances: Microwave; Refrigerator Unit 1 Interior Features: Walk-In Closet(s) Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s); Window Coverings Unit 1 Parking Features: On Street; Open Parking; Parking Space Unit 1 Rooms: Family Room; Kitchen Unit 2 Appliances: Microwave; Range; Refrigerator Unit 2 Interior Features: Built-in Shelves Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s); Window Coverings Unit 2 Parking Features: Open Parking; Parking Space Unit 2 Rooms: Family Room; Kitchen Unit 3 Appliances: Microwave; Range Unit 3 Interior Features: Walk-In Closet(s) Unit 3 Other Equipment: Air Conditioning Unit Unit 3 Rooms: Family Room; Kitchen Unit 4 Appliances: Microwave; Range Unit 4 Interior Features: Walk-In Closet(s) Unit 4 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 4 Parking Features: Parking Space Unit 4 Rooms: Family Room; Kitchen Contingencies: Backup Contract/Call LA Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
990000
Owner Phone
954-507-7455
Negotiable Seller Concessions YN
Yes
Listing Service
Limited Service

Location and Legal

Country
United States
County Or Parish
Broward
Street Number
916
Street Direction Prefix
SW
Street Name
8th
Street Suffix
Avenue
Unit Number
1-4
Municipality Type
Incorporated
State Or Province
FL
Postal Code
33315
Postal Code +4
3877
Subdivision Name
CROISSANT PARK RIVER SEC
Development Name
Tapron River
Area
3470
Geographic Area
FTSW - Ft Lauderdale SW (3470-3500;3570-3590)
Elementary School
Croissant Park
Middle Or Junior School
New River
High School
Stranahan
Special Assessment YN
No
Parcel Number
504215190270
Subdivision Number
19
Zoning
RD-15
Flood Zone
AE

Financial Information

Application Required YN
No
Master Association YN
No
Tax Annual Amount
16616.23
Tax Year
2025
Tax Assessed/SOH Value
805530
Tax Legal Description
CROISSANT PARK RIVER SEC 7-50 B LAUDERDALE 2-9 D LOT 14,15 LESS E 30 BLK 10 OF 7-50B & LOT 13 BLK 10 OF 2-9 D
Assessor Market Value
805530

Status Change Information

Major Change Timestamp
2026-09-24T21:01:46Z
Major Change Type
Status Change
Status Change Date
2026-09-24
Under Contract Type
Active Under Contract
Under Contract Date
2026-09-20

More Information

Leasing Permitted Details

Leasing Permitted YN
Yes

Meter Information

Separate Electric Meters YN
Yes
Number Of Separate Electric Meters
4
Separate Gas Meters YN
No
Separate Water Meters YN
No

Ceiling Fan Details

Number Of Ceiling Fans
4

Pet Details

Pet Fee YN
No

Leasing Restrictions

Leasing - Max Times Per Year
365
Leasing - Minimum Number of Days
Yes

Unit 1 Details

Actual Rent
1650
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
665

Unit 1 Lease Description

Currently Leased YN
Yes
Lease Term
Month To Month
Lease Expiration
2026-09-16
Occupant Type
Tenant

Unit 1 Parking Details

Carport YN
No
Garage YN
No

Unit 2 Details

Actual Rent
1600
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
665

Unit 2 Lease Description

Currently Leased YN
Yes
Lease Term
12 Months
Lease Expiration
2027-01-01
Occupant Type
Tenant

Unit 2 Parking Details

Carport YN
No
Garage YN
No

Unit 3 Details

Actual Rent
1200
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
665

Unit 3 Lease Description

Currently Leased YN
Yes
Lease Term
12 Months
Lease Expiration
2027-06-01
Occupant Type
Owner

Unit 3 Parking Details

Carport YN
No
Garage YN
No

Unit 4 Details

Baths Full
Yes
Efficiency YN
No
Furnished
Negotiable
Hotel Room YN
No
SqFt
665

Unit 4 Lease Description

Currently Leased YN
Yes
Lease Term
Month To Month
Lease Expiration
2026-08-01
Occupant Type
Owner

Unit 4 Parking Details

Carport YN
No
Garage YN
No

Price Calculations

Current Price To SqFt
371.9

Originating Details

Originating System Key
20260614032301450657000000
Originating System ID
M00000170
IDX
Listing Office: EXP Realty LLC
Source MLS Verified
Last Updated: September - 25 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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