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(754) 799-7545
Real Estate Company
700 Sw 16th Ave, Fort Lauderdale, FL 33312
- $950,000
- 3,047
- SqFt
- List Price
- $950,000
- Days on Market
- 0
- MLS#
- A12112046
- Year Built
- 1970
- Living Area
- 3,047
- Building Name
- Riverside No 2
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.
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Additional Information
- Taxes
- $15,271
- 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: