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
Bedrooms
Total Bedrooms2
Bathrooms
Half Baths0
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringTile, Vinyl
Heating Y/NYes
General for 700 SW 16th Ave
Architectural StyleFourplex
CityFort Lauderdale
Construction MaterialsBlock
CoolingCentral Air
CountyBroward
Full Baths1
HeatingCentral
Legal DescriptionRIVERSIDE NO 2 1-104 D LOT 13 W1/2 BLK A
LevelsOne
Listing TermsCash, Conventional, Other
Lot Size UnitsSquare Feet
MLS Area3342
MLS Area MinorFt Ldale SW (3470-3500;3570-3590)
Number Of Units Total2
Occupancy TypeCall Agent
Pool FeaturesNone
PossessionClosing & Funding
PostalCityFort Lauderdale
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent IncludesGardener, Hot Water, Other, Pest Control, Sewer, Trash Collection, Water
RoofShingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories Count1
Subdivision NameRIVERSIDE NO 2
Tax Annual Amount14125
Tax Year2024
UtilitiesCable Available
Virtual TourClick here
Year Built1970
Year Built DetailsResale
Zoning DescriptionRM-15
Exterior for 700 SW 16th Ave
Building Area Total3047
Covered Spaces
Lot Features< 1/4 Acre
Total Parking8
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Geiset Sanchez Gomez
Broker Associate
