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.
Property Details
Price:
$995,000
MLS #:
A11855351
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
RIVERSIDE NO 2
Neighborhood:
riversideno2
Listed Date:
Aug 17, 2025
Finished Sq Ft:
3,047
Total Sq Ft:
3,047
Year Built:
1970
Units:
4
See this Listing
Schools
Interior
Cooling
Central Air
Flooring
Tile, Vinyl
Heating
Central
Exterior
Architectural Style
Detached
Construction Materials
Concrete Block Construction, CBS Construction
Lot Features
Less Than 1/4 Acre Lot
Parking Spots
8
Parking Total
8
Roof
Shingle
Stories
1
Financial
Tax Year
2024
Taxes
$14,125
Map
Community
- Address700 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 May 07, 2026
77
Multi Family Listed
147
Avg DOM
434
Avg $ / SqFt
$1,137,886
Avg List Price
Property Summary
- Located in the RIVERSIDE NO 2 subdivision, 700 SW 16th Ave Fort Lauderdale FL is a Multi Family for sale in Fort Lauderdale, FL, 33312. It is listed for $995,000 To schedule a showing of MLS#a11855351 at 700 SW 16th Ave in Fort Lauderdale, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
Similar Listings Nearby
700 SW 16th Ave
Fort Lauderdale, FL
Recent Comments