$1,050,000 • living size area 3047 sqft
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.700 SW 16TH AVE, FORT LAUDERDALE, FL 33312
Multi Family - RIVERSIDE NO 2 for Sale
700 SW 16TH AVE, FORT LAUDERDALE, FL 33312Asking Price$1,050,000 Change Price$50,000
- Living 3047sqft
- Taxes: Register to see
- Year Built 1970
-
Days on market:
17 day(s) -
Adjusted Area:
3047 sqft Original Price:
$1,100,000-
Price per sqft:
$344.6 Tax Legal Description:
RIVERSIDE NO 2 1-104 D LOT 13 W1/2 BLK ATax Year:
2024-
MLS:
A11855351 -
Property Type:
Multi Family -
Style:
Fourplex
Construction Type:
Cbs ConstructionConcrete Block ConstructionRoof:
ShingleCooling Description:
Central AirHeating Description:
CentralFloor Description:
TileVinylLot Features:
Less Than 1/4 Acre LotType of Association:
None
Description
Similar Properties in this Area
$1,050,000
848 NW 2ND AVE, FORT LAUDERDALE, FL 33311
$1,145,000
1761 NE 55TH ST, FORT LAUDERDALE, FL 33334
$1,147,000
1765 NE 58TH ST, FORT LAUDERDALE, FL 33334
$1,199,000
1212 NW 6TH CT, FORT LAUDERDALE, FL 33311
$1,200,000
1204 NE 5TH AVE, FORT LAUDERDALE, FL 33304
$1,270,000
1717 NE 12TH ST, FORT LAUDERDALE, FL 33304
$1,320,000
1615 NE 9TH ST, FORT LAUDERDALE, FL 33304
$1,349,000
1213 SE 1ST ST, FORT LAUDERDALE, FL 33301
$1,360,000
1215 NE 6TH ST, FORT LAUDERDALE, FL 33304
$1,375,000
817 NW 1ST AVE, FORT LAUDERDALE, FL 33311
$1,455,000
215 SW 19TH AVE, FORT LAUDERDALE, FL 33312
$1,483,000
801 NE 18TH AVE, FORT LAUDERDALE, FL 33304