For SaleQuadruplexActive
700 SW 16th Ave
Fort Lauderdale, FL 33312
$950,000
6 Days On Site
- 3,047Sq Ft
- $312Per Sq Ft
- 1970Built
- Subdivision
- Riverside No 2
- County
- Broward
- MLS®
- A12112046
Overview
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.
Listing Snapshot
- Price
- $950,000
- Days On Site
- 6 Days
- Bedrooms
- N/A
- Inside Area (SqFt)
- 3,047 sqft
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- 0
- Lot Size
- N/A
- Year Built
- 1970
- MLS® Number
- A12112046
- Status
- Active
- Property Tax
- $15,271 (2025)
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- N/A
Property Details
General Features
9 items
- Levels
- One
- Parking Spaces
- 8
- Property Sub Type
- Quadruplex
- Sewer
- Public Sewer
- SqFt Total
- 3,047
- Style
- Fourplex
- Utilities
- Cable Available
- Water Source
- Public
- Zoning
- RM-15
Interior Features
3 items
- Cooling
- Central Air
- Flooring
- Terrazzo, Vinyl
- Heating
- Central
Exterior Features
3 items
- Construction Details
- Block, Concrete
- Pool Features
- None
- Roof
- Shingle
Community Features
2 items
- MLS Area
- 3480
- Financing Terms Available
- Cash, Conventional, Owner May Carry
Location
700 SW 16th Ave, Fort Lauderdale, FL 33312 · 3480
Neighborhood & Commute
ZIP Code 33312
- Median household income
- $73,448
- Income per person
- $42,792
- Households
- 20,842
- Average household size
- 2.57
- Median age
- 40.0
Source: Walk Score.
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Price & Status History
- Listing updated with changes from the MLS®
- Status changed to Active
- Listing first seen on site
- Price changed to $950,000
Friends & Family
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