633 4th Key Dr.

Short renovation, principal plus profit

Sunrise Key waterfront residence at $5.395M, with 4 beds, 3 baths, 3,388 sqft, and 120ft of deepwater dockage.

Fix-and-flip strategy on a 4-bedroom, 3-bath single-family waterfront residence totaling 3,388 square feet at 633 4th Key Drive in Fort Lauderdale, Florida. The listing describes a 0.27-acre Sunrise Key / Las Olas-area estate with 120 feet of protective deepwater dockage, direct no-fixed-bridge ocean access, a new roof, and a building-code-updated seawall. The property was built in 1969 and is presented as an updated and maintained waterfront home rather than a vacant land or teardown-only position. Asking basis of 5.395 million dollars reflects the canal frontage, private gated Sunrise Key setting, waterfront infrastructure, and improved residential square footage. The strategy underwrites selective finish, systems, exterior, landscape, and presentation improvements to keep the asset competitive inside the sub-6-million-dollar Las Olas / Downtown Fort Lauderdale waterfront set. Returns are targeted from resale or refinancing after a controlled renovation and repositioning cycle, without assuming a full ground-up construction program.

Address

633 4th Key Dr.

City

Fort Lauderdale, FL

ZIP

33301

Beds

4

Baths

3

Living sqft

3,388

Lot sqft

11,761

Year built

1,969

Waterfront

Canal

Real cost waterfall from sponsor proforma — 24-month build cycle, ground-up basis. Lines below are project cash expenses through completion and disposition, including property tax during the hold period.

Source: sponsor proforma · figures are forward-looking estimates · not a guarantee of return