1518 4Th Ave Fort Lauderdale, FL 33304

This exceptional investment opportunity presents a three-bay retail storefront located at 1518 NE 4th Ave, Fort Lauderdale, FL 33304. The 1,933 square foot building sits on a 6,248 square foot lot and features a stucco exterior, slab foundation, and tar & gravel roof. Constructed in 1976, the property boasts a strong, stable income stream due to its fully leased bays. However, below-market rents offer immediate upside potential for savvy investors through rent increases aligned with comparable properties in the area. The property benefits from its high-traffic location in Fort Lauderdale, ensuring excellent visibility and accessibility for tenants. Zoned CB, this versatile property is suitable for a variety of retail uses, providing flexibility and appeal to a wide range of potential tenants. The long-term ownership history (over 30 years) speaks to the property's well-maintained condition and enduring appeal. This prime retail space represents a compelling blend of immediate cash flow and significant long-term growth potential in a thriving Fort Lauderdale market. The APN is 49-42-34-01-8010. This is a truly exceptional opportunity for investors seeking a stable, income-producing asset with significant upside potential. The asking price is $650,000.