700 SW 16th Ave, Fort Lauderdale FL 33312 | A11855351 | Broward County
- $1,100,000
- Quadruplex
- 3047 Square Feet
700 SW 16th Ave, Fort Lauderdale FL 33312 | A11855351 | Broward County
- $1,100,000
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.
Address
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Address: 16th Ave
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City: Fort Lauderdale
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State/county: Broward County
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Zip/Postal Code: 33312
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Area: RIVERSIDE NO 2
Details
Updated on August 18, 2025 at 1:16 am-
Property ID A11855351
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Price $1,100,000
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Property Size 3047 Square Feet
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Year Built 1970
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Type Quadruplex
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Property Status Residential Income
Additional details
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ArchitecturalStyle Detached
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BuildingAreaTotal 3047
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BuildingAreaUnits Square Feet
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BuildingName RIVERSIDE NO 2
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ConstructionMaterials Concrete Block Construction,CBS Construction
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ContractStatusChangeDate 2025-08-17
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Cooling Central Air
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DaysOnMarket 0
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DocumentsAvailable Other Available Information,Rent Rolls
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Flooring Tile,Vinyl
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Heating Central
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InternetAddressDisplayYN 1
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InternetAutomatedValuationDisplayYN 1
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InternetConsumerCommentYN 1
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InternetEntireListingDisplayYN 1
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ListAOR A-Miami Association of REALTORS
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ListAgentDirectPhone 954-743-7594
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ListAgentEmail elevi@faustocommercial.com
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ListAgentFullName Elior Levi
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ListAgentKey 1935ebadec8c69d7a6e4620d2dae77a8
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ListAgentMlsId 3574869
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ListAgentOfficePhone 954-743-7594
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ListAgentStateLicense 3574869
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ListOfficeFax 305-675-0365
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ListOfficeKey 7cfc112ff185580637392301ab94285c
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ListOfficeMlsId FAUS01
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ListOfficeName Fausto Commercial Realty Consultants Inc
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ListOfficePhone 954-743-7594
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ListingAgreement Exclusive Right To Sell
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ListingContractDate 2025-08-17
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ListingKey 3e4a1f3d42a50899d23b5d6f904b44a4
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ListingTerms All Cash,Conventional
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LotFeatures Less Than 1/4 Acre Lot
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LotSizeSquareFeet 0
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MLSAreaMajor Riverside No 2
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MajorChangeTimestamp August 17, 2025 at 06:41pm
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MajorChangeType New
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MlsStatus Active
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ModificationTimestamp August 17, 2025 at 11:00pm
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NumberOfUnitsInCommunity 4
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OnMarketDate 2025-08-17
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OriginalEntryTimestamp August 17, 2025 at 06:41pm
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OriginalListPrice 1100000
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OriginatingSystemID miamire
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OriginatingSystemKey miamire
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OriginatingSystemName Miami Association of REALTORS®
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OtherExpense 0
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ParcelNumber 504209030110
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ParkingTotal 8
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PhotosChangeTimestamp August 17, 2025 at 06:42pm
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PhotosCount 22
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Possession Funding
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PostalCodePlus4 7684
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PriceChangeTimestamp August 8, 2025 at 04:22pm
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PublicSurveyRange 50
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PublicSurveyTownship 50
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RentIncludes Hot Water,Gardener,Other Rent Incl,Pest Control,Sewer,Trash Collection,Water
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Roof Shingle
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Sewer Public Sewer
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ShowingContactType Agent
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ShowingInstructions Call Listing Agent
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SourceSystemKey 419025115
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StateOrProvince FL
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StatusChangeTimestamp August 17, 2025 at 06:41pm
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Stories 1
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StoriesTotal 1
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StreetDirPrefix SW
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StreetName 16th Ave
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StreetNumber 700
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StreetNumberNumeric 700
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StructureType Quadruplex,Fourplex
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SyndicationRemarks 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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TaxAnnualAmount 14125
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TaxLegalDescription RIVERSIDE NO 2 1-104 D LOT 13 W1/2 BLK A
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TaxYear 2024
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WaterSource Municipal Water
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YearBuiltDetails Resale
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Zoning RM-15
Features
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