640 SW 16th Avenue, Fort Lauderdale, FL 33312
Listing Snapshot
| List Price | $1,450,000 |
| Price / Sq Ft | $299 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 4,855 sqft |
| Year Built | 1976 |
| Property Tax | $16,160/yr |
| MLS # | 1151488286 |
| Status | Active |
| Days on Market | 130 |
About This Home
Rare opportunity to acquire an enormous 4,855 SF two-story fourplex featuring two 4-bed/2-bath units and two 3-bed/2-bath units with modern interiors, making it a true turn-key investment with plenty of upgrades throughout. The property generates $11,300/month with the owner occupying one unit, offering the option to lease back or move out at sale. All units are individually metered, and each has central air. The building is freshly painted, features impact windows, security cameras throughout, and a 10-year-old roof in excellent condition. Ideally located just minutes from Downtown Fort Lauderdale, major highways, Fort Lauderdale–Hollywood International Airport, and the beach, ensuring strong tenant demand and long-term rental appeal.
General Features
- Property Type
- ResidentialIncome
- Sub-type
- Quadruplex
- Stories
- 2
- Parking Spaces
- 5
- Zoning
- RM-15
- Utilities
- CableAvailable
- Subdivision
- RIVERSIDE NO 2
Interior Features
- Flooring
- Other,Tile
- 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# 1151488286 · BEACH
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Estimate Your Payment
20% down · Loan: $1,160,000
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.