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934 NW 4th Ave 4 Unit Apartment Building $1,295,000 ($323,750/Unit) 6.25% Cap Rate Fort Lauderdale, FL 33311
Executive Summary
Four on Sunrise - A Modern Masterpiece in the Heart of Fort Lauderdale **934 NW 4th Ave, Fort Lauderdale, FL** Steps from Sunrise Blvd and just minutes to Las Olas Boulevard Welcome to *Four on Sunrise*, an extraordinary and fully legal luxury fourplex that redefines modern living and income potential in one of South Florida's most sought-after rental corridors. This newly completed, fully permitted renovation spares no detail—blending contemporary design with premium upgrades to create a turnkey investment or personal retreat unlike anything on the market. Meticulously upgraded with over $350,000 in capital improvements, this property showcases brand-new electrical systems with individual meters, all-new plumbing, and luxurious finishes throughout. Seller owner FL & AZ Broker.
Each unit is adorned with smooth-finish walls, luxury laminate flooring, and stunning designer kitchens featuring waterfall quartz countertops, custom navy cabinetry, and elegant gold hardware. Bathrooms are outfitted with high-end porcelain tile, creating a spa-like experience, while a custom milled accent wall with dancing LED lights adds a sophisticated wow factor.
Brand new stainless steal appliances brand new washer and dryers in every unit. Brand new central air conditioners with copper wiring
All units feature hurricane-rated frosted glass doors, both front and rear, and enjoy private fenced-in backyards. The property is gated, with a Schlage keypad entry and integrated Ring cameras at each unit pre-wired and ready for AT&T high-speed internet. The building is also compatible with top-tier professional management platforms for seamless operation.
Whether used as a short-term Airbnb investment with nightly rates ranging from $125 to $300, or furnished long-term rentals commanding $2,800 to $3,500 monthly, $2,100-$2,300Yearly furnished this asset is positioned for exceptional returns. Perfectly suited for the discerning investor, this property offers not only a high-end, low-maintenance portfolio addition but also serves as an ideal owner-occupant opportunity or luxurious second home.
Located next to Sunrise Boulevard and even steps from Dunkin Donuts, this fourplex is as convenient as it is beautiful. Exterior upgrades include new fencing, lush professional landscaping, modern exterior lighting, and optional designer furnishings available through a separate bill of sale.
Each unit is adorned with smooth-finish walls, luxury laminate flooring, and stunning designer kitchens featuring waterfall quartz countertops, custom navy cabinetry, and elegant gold hardware. Bathrooms are outfitted with high-end porcelain tile, creating a spa-like experience, while a custom milled accent wall with dancing LED lights adds a sophisticated wow factor.
Brand new stainless steal appliances brand new washer and dryers in every unit. Brand new central air conditioners with copper wiring
All units feature hurricane-rated frosted glass doors, both front and rear, and enjoy private fenced-in backyards. The property is gated, with a Schlage keypad entry and integrated Ring cameras at each unit pre-wired and ready for AT&T high-speed internet. The building is also compatible with top-tier professional management platforms for seamless operation.
Whether used as a short-term Airbnb investment with nightly rates ranging from $125 to $300, or furnished long-term rentals commanding $2,800 to $3,500 monthly, $2,100-$2,300Yearly furnished this asset is positioned for exceptional returns. Perfectly suited for the discerning investor, this property offers not only a high-end, low-maintenance portfolio addition but also serves as an ideal owner-occupant opportunity or luxurious second home.
Located next to Sunrise Boulevard and even steps from Dunkin Donuts, this fourplex is as convenient as it is beautiful. Exterior upgrades include new fencing, lush professional landscaping, modern exterior lighting, and optional designer furnishings available through a separate bill of sale.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$111,000
|
$42.77
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$2,525
|
$0.97
|
| Effective Gross Income |
$108,475
|
$41.80
|
| Taxes |
$13,257
|
$5.11
|
| Operating Expenses |
$14,299
|
$5.51
|
| Total Expenses |
$27,556
|
$10.62
|
| Net Operating Income |
$80,919
|
$31.18
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $111,000 |
| Annual Per SF | $42.77 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $2,525 |
| Annual Per SF | $0.97 |
| Effective Gross Income | |
|---|---|
| Annual | $108,475 |
| Annual Per SF | $41.80 |
| Taxes | |
|---|---|
| Annual | $13,257 |
| Annual Per SF | $5.11 |
| Operating Expenses | |
|---|---|
| Annual | $14,299 |
| Annual Per SF | $5.51 |
| Total Expenses | |
|---|---|
| Annual | $27,556 |
| Annual Per SF | $10.62 |
| Net Operating Income | |
|---|---|
| Annual | $80,919 |
| Annual Per SF | $31.18 |
Property Facts
| Price | $1,295,000 | Building Class | C |
| Price Per Unit | $323,750 | Lot Size | 0.19 AC |
| Sale Type | Investment | Building Size | 2,595 SF |
| Cap Rate | 6.25% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1958/2024 |
| Property Subtype | Apartment | Parking Ratio | 1.54/1,000 SF |
| Apartment Style | Garden | Opportunity Zone |
Yes
|
| Zoning | RMM-25 | ||
| Price | $1,295,000 |
| Price Per Unit | $323,750 |
| Sale Type | Investment |
| Cap Rate | 6.25% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 2,595 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1958/2024 |
| Parking Ratio | 1.54/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RMM-25 |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Ceiling Fans
- Kitchen
- High Speed Internet Access
- Refrigerator
- Stainless Steel Appliances
- Wi-Fi
- Yard
- Double Pane Windows
- Garden
- Lawn
- Skylights
- Smoke Free
- Vinyl Flooring
- Window Coverings
- Quartz Countertops
Site Amenities
- Fenced Lot
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $2,350 | 625 |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 49-42-34-05-5720 | Total Assessment | $592,100 (2026) |
| Land Assessment | $126,570 (2026) | Annual Taxes | $13,257 ($5.11/SF) |
| Improvements Assessment | $465,530 (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
49-42-34-05-5720
Land Assessment
$126,570 (2026)
Improvements Assessment
$465,530 (2026)
Total Assessment
$592,100 (2026)
Annual Taxes
$13,257 ($5.11/SF)
Tax Year
2025
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