Fort Lauderdale, FL 33312 700 SW 16th Ave
$995,000
17 more
Presented By: This listing is courtesy of Fausto Commercial Realty Consultants Inc;
Beds • 2
Baths • 1
SQFT • 3,047
Home Details
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.
Presented By: This listing is courtesy of Fausto Commercial Realty Consultants Inc;
Interior Features for 700 SW 16th Ave
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringTile, Vinyl
Heating Y/NYes
General for 700 SW 16th Ave
Additional Parcels Y/NNo
Architectural StyleFourplex
Attached Garage No
Carport Y/NNo
CityFort Lauderdale
Construction MaterialsBlock
CoolingCentralAir
CountyBroward
Garage Y/NNo
HOANo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionRIVERSIDE NO 2 1-104 D LOT 13 W1/2 BLK A
LevelsOne
Listing TermsCash, Conventional, Other
Living Area3047.0
Lot Size UnitsSquareFeet
MLS Area3342
MLS Area MinorFt Ldale SW (3470-3500;3570-3590)
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeCallAgent
Pool FeaturesNone
PossessionClosingAndFunding
PostalCityFort Lauderdale
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Rent IncludesGardener, HotWater, Other, PestControl, Sewer, TrashCollection, Water
RoofShingle
Senior Community Y/NNo
SewerPublicSewer
Showing InstructionsCall Listing Agent
Standard StatusActive
StatusActive
Stories Count1
Subdivision NameRIVERSIDE NO 2
Tax Annual Amount14125.0
Tax Year2024
UtilitiesCableAvailable
Virtual TourClick here
Year Built1970
Year Built DetailsResale
Zoning DescriptionRM-15
Exterior for 700 SW 16th Ave
Building Area Total3047.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLessThanQuarterAcre
Private PoolNo
SpaNo
Total Parking8.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Hector Marcos Romero Minching
Realtor®
