700 SW 16th Ave Active Save Request In-Person Tour Request Virtual Tour
Fort Lauderdale,FL 33312
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,047 sqft
Price per Sqft $361
Subdivision Riverside No 2
MLS Listing ID A11855351
Style Fourplex
HOA Y/N No
Year Built 1970
Annual Tax Amount $14,125
Tax Year 2024
Property Sub-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.
Location
State FL
County Broward
Community Riverside No 2
Area 3342
Interior
Heating Central
Cooling Central Air
Flooring Tile,Vinyl
Exterior
Pool None
Utilities Available Cable Available
Roof Type Shingle
Total Parking Spaces 8
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Architectural Style Fourplex
Level or Stories One
Structure Type Block
Others
Tax ID 504209030110
Acceptable Financing Cash,Conventional,Other
Listing Terms Cash,Conventional,Other
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11855351