Property Description

Rare investment opportunity in Fort Lauderdale — a 4-unit apartment complex at 700 SW 16th Ave. This 3,047 SF building on a spacious 10,000 SF lot includes four large and spacious 2-bedroom, 1-bath units. Each unit features central AC and individual electric meters. The property currently generates $6,700 in monthly rental income, with strong upside potential to increase rents to approximately $8,800 per month when adjusted to market rates. Ideally located minutes from I-95, Fort Lauderdale-Hollywood International Airport, downtown, and the beach, this property offers excellent access and sits in one of South Florida’s fastest-growing markets.

Features
Swimming Pool
Heating System
Cooling System
Parking
Architectural Style
Roof:
Shingle
Sewer
Address Map
State:
FL
County:
Broward
City:
Fort Lauderdale
Zipcode:
33312
Street:
700 Sw 16th Ave, Fort Lauderdale, Florida 33312
Longitude:
W81° 50' 13.9''
Latitude:
N26° 6' 45.6''
MLS Addon
Building Area:
3,047 Sqft
Construction Materials:
Block
Cumulative DOM:
134
DOM:
178
Flooring:
Tile, Vinyl
Internet Address Display:
1
Internet Listing Display:
1
Listing Terms:
Cash, Conventional, Other
Lot Features
Parcel Number:
504209030110
Subdivision Name:
RIVERSIDE NO 2
Tax Annual Amount:
$14,125
Tax Year:
2024
Utilities
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Residential Income For Sale

700 Sw 16th Ave, Fort Lauderdale, Florida 33312, Fort Lauderdale, Florida 33312

3,047 Sqft
$995,000
MLS # #A11855351
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$995,000
Square Footage :
3,047 Sqft
Year Built :
1970
MLS # :
A11855351
Property Sub Type :
Quadruplex
Agent info
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