640 SW 16th Ave, Fort Lauderdale FL 33312 | Broward County | A11946433
- $1,450,000
- Quadruplex
- 4855 Square Feet
640 SW 16th Ave, Fort Lauderdale FL 33312 | Broward County | A11946433
- $1,450,000
Description
Rare opportunity to acquire an enormous 4,855 SF two-story fourplex featuring two 4-bed/2-bath units and two 3-bed/2-bath units with modern interiors, making it a true turn-key investment with plenty of upgrades throughout. The property generates $11,300/month with the owner occupying one unit, offering the option to lease back or move out at sale. All units are individually metered, and each has central air. The building is freshly painted, features impact windows, security cameras throughout, and a 10-year-old roof in excellent condition. Ideally located just minutes from Downtown Fort Lauderdale, major highways, Fort Lauderdale–Hollywood International Airport, and the beach, ensuring strong tenant demand and long-term rental appeal.
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 February 7, 2026 at 3:28 am-
Property ID A11946433
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Price $1,450,000
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Property Size 4855 Square Feet
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Year Built 1976
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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 4855
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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 2026-01-22
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Cooling Central Air
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DaysOnMarket 15
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DocumentsAvailable Financial Statement, Other Available Information, Rent Rolls
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ExpirationDate 2026-06-15
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Flooring Other, Tile
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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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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 February 6, 2026 at 01:48pm
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MajorChangeType Price Decrease
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MlsStatus Active
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ModificationTimestamp February 6, 2026 at 01:48pm
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NumberOfUnitsInCommunity 4
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NumberOfUnitsTotal 4
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OnMarketDate 2026-01-22
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OriginalEntryTimestamp January 23, 2026 at 01:21am
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OriginalListPrice 1500000
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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 504209030061
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ParkingTotal 5
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PhotosChangeTimestamp January 23, 2026 at 01:22am
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PhotosCount 26
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Possession Funding
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PostalCodePlus4 7681
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PreviousListPrice 1500000
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PriceChangeTimestamp February 6, 2026 at 01:48pm
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PublicSurveyRange 50
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PublicSurveyTownship 50
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RentIncludes None
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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 425424726
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StateOrProvince FL
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StatusChangeTimestamp January 23, 2026 at 01:21am
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Stories 2
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StoriesTotal 2
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StreetDirPrefix SW
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StreetName 16th Ave
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StreetNumber 640
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StreetNumberNumeric 640
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StructureType Quadruplex, Fourplex
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SyndicationRemarks Rare opportunity to acquire an enormous 4, 855 SF two-story fourplex featuring two 4-bed/2-bath units and two 3-bed/2-bath units with modern interiors, making it a true turn-key investment with plenty of upgrades throughout. The property generates $11, 300/month with the owner occupying one unit, offering the option to lease back or move out at sale. All units are individually metered, and each has central air. The building is freshly painted, features impact windows, security cameras throughout, and a 10-year-old roof in excellent condition. Ideally located just minutes from Downtown Fort Lauderdale, major highways, Fort Lauderdale–Hollywood International Airport, and the beach, ensuring strong tenant demand and long-term rental appeal.
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TaxAnnualAmount 16160
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TaxLegalDescription RIVERSIDE NO 2 1-104 D LOT 8 W 140 BLK A
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TaxYear 2025
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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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