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.
Property Details
Price:
$1,450,000
MLS #:
A11946433
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
RIVERSIDE NO 2
Neighborhood:
riversideno2
Listed Date:
Jan 22, 2026
Finished Sq Ft:
4,855
Total Sq Ft:
4,855
Year Built:
1976
Units:
4
See this Listing
Schools
Interior
Cooling
Central Air
Flooring
Other, Tile
Heating
Central
Exterior
Architectural Style
Detached
Construction Materials
Concrete Block Construction, CBS Construction
Parking Spots
5
Roof
Shingle
Financial
Tax Year
2025
Taxes
$16,160
Map
Community
- Address640 SW 16th Ave Fort Lauderdale FL
- SubdivisionRIVERSIDE NO 2
- CityFort Lauderdale
- CountyBroward County
- Zip Code33312
Subdivisions in Fort Lauderdale
- ARGONNE HEIGHTS AMD PLACE 16-8 B
- CORAL HILLS 37-20 B
- CORAL RIDGE ISLES
- FLA FRUIT LANDS CO SUB 1
- GARDEN VIEW APTS CONDO
- GOLDEN HEIGHTS HOMES 40-28 B
- IMPERIAL POINT 2 SEC 54-19 B
- LAUDERDALE ISLES 2-BLK 12
- LAUDERDALE ISLES 2-BLK 7
- LAUDERDALE VILLAS 29-37 B
- LINCOLN PARK
- M & I 135-4 B
- MARY-KNOLL 39-48 B
- MELROSE MANORS
- NORTH ANDREWS TERRACE FIRST ADD
- OAKLAND OCEAN MILE
- PINE ISLAND COMM 167-50 B
- PLAYA DEL MAR CONDO
- SANDS POINT CONDO II
- SOUTHPOINT CONDO
- SUNRISE
- TAMARAC GARDENS CONDO
- TRENT CONDO D
- TWIN LAKES EAST 79-22 B
- VILLA ALHAMBRA CONDO
- WOODLANDS SEC SIX 67-40 B
- YELLOWSTONE PARK AMD
Market Summary
Current real estate data for Multi Family in Fort Lauderdale as of Mar 17, 2026
95
Multi Family Listed
126
Avg DOM
410
Avg $ / SqFt
$1,023,055
Avg List Price
Property Summary
- Located in the RIVERSIDE NO 2 subdivision, 640 SW 16th Ave Fort Lauderdale FL is a Multi Family for sale in Fort Lauderdale, FL, 33312. It is listed for $1,450,000 To schedule a showing of MLS#a11946433 at 640 SW 16th Ave in Fort Lauderdale, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
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