700 SW 16th Avenue, Fort Lauderdale, FL 33312
Listing Snapshot
| List Price | $995,000 |
| Price / Sq Ft | $327 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 3,047 sqft |
| Year Built | 1970 |
| Property Tax | $14,125/yr |
| MLS # | 1131809396 |
| Status | Active |
| Days on Market | 310 |
About This Home
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.
General Features
- Property Type
- ResidentialIncome
- Sub-type
- Quadruplex
- Stories
- 1
- Parking Spaces
- 8
- Zoning
- RM-15
- Utilities
- CableAvailable
- Subdivision
- RIVERSIDE NO 2
Interior Features
- Flooring
- Tile,Vinyl
- Heating
- Central,SeparateMeters
- Cooling
- CentralAir
Exterior Features
- Construction
- Block
- Roof
- Shingle
- Pool
- No
- Waterfront
- No
Community Features
- MLS Area
- 3470
Schools
Map
Virtual Tour
View Virtual TourMLS# 1131809396 · BEACH
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Estimate Your Payment
20% down · Loan: $796,000
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.