700 SW 16th Ave, Fort Lauderdale FL 33312

For sale Days on market 190

RIVERSIDE NO 2 [ Quadruplex ]

$995,000

$327/sq ft

$105,000
Price Decreased

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Overview

Year Built

1970

Sqft

3047

Property Type

Quadruplex

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.

Property Details

MLS#

A11855351

Total Floor in Bldg

Building

RIVERSIDE NO 2

Address

700 16th Ave SW

City

Fort Lauderdale

State/county

Zip/Postal Code

33312

Area

Riverside No 2

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$14,125

Maint Fee

$--

Tax Year

2024

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