640 Sw 16th Ave, Fort Lauderdale, FL 33312

$1,450,000
4,855
SqFt

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List Price
$1,450,000
Days on Market
194
Price Change
▼ $50,000 1770407881
MLS#
A11946433
Year Built
1976
Living Area
4,855
Building Name
Riverside No 2

Property Description

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.

Additional Information

Taxes
$16,160
Community Features
Riverside No 2
Property Description
Quadruplex, Fourplex
Zoning
RM-15
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Concrete Block Construction, CBS Construction
Roof
Shingle

Listing Courtesy Of Fausto Commercial Realty Consultants Inc, Contact:

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