Property Back to Results Property

700 Sw 16th Ave, Fort Lauderdale, FL 33312

$950,000
: 3,047
SqFt

Add to Favorites New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Add to Favorites

List Price: $950,000
MLS: A12112046
Complex Name: Riverside No 2
Status: ACTIVE
Type: Multifamily
Living Area: 3,047

Refine Search

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.

Search All Properties

Additional Information

Days on Market: 0
Style: Quadruplex, Fourplex
#Parking Spaces: 8
Year Built: 1970
Development Name: Riverside No 2
#Stories: 1
Construction Type: Concrete Block Construction, CBS Construction
Section: 9