Name: 700 SW 16th Ave, Fort Lauderdale | MLS® A11855351
SKU: a11855351
Price: 1100000.0 USD
Availability: InStock

$1,100,000 Sale

Listed 1 day

700 SW 16th Ave

MLS® a11855351 Multi Family

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Beds · 0

Baths · 0

Parking · 8

Sqft · 3047

Est. mortgage

$4,173/mo

Property Taxes

$14,125/yr

Association Fee

$0.00/mo

Key Facts

Key facts for 700 SW 16th Ave

Property Type

Apartment, Fourplex

Parking

8 parking

MLS #

A11855351

Size

3047 sqft

Basement

Listed on

Lot size

Tax

$14,125 /yr

Days on Market

Year Built

1970

Maintenance Fee

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.

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Full Property Details

Interior

Washrooms

Square Footage

3047 sqft

Heating

Central

Air Conditioning

Yes

Cooling

Central Air

Flooring

Tile,Vinyl

Appliances

Unspecified

Washrooms

Square Footage

3047 sqft

Heating

Central

Air Conditioning

Yes

Cooling

Central Air

Flooring

Tile,Vinyl

Appliances

Unspecified

Exterior

View

Unspecified

Waterfront

Unspecified

Parking Spaces

Total Parking Spaces

Garage Spaces

Zoning

RM-15

View

Unspecified

Waterfront

Unspecified

Parking Spaces

Total Parking Spaces

Garage Spaces

Zoning

RM-15

Building Description

Style

Fourplex

Property Type

Residential Income

Home Type

Apartment

Subtype

Multi Family

Year Built

1970

Sewers

PublicSewer

Water Supply

Public

Roof Type

Shingle

Architecture

Fourplex

Style

Fourplex

Property Type

Residential Income

Home Type

Apartment

Subtype

Multi Family

Year Built

1970

Sewers

PublicSewer

Water Supply

Public

Roof Type

Shingle

Architecture

Fourplex

Community

Neighborhood

RIVERSIDE NO 2

County

Broward

Area Code

3342

Subdivision

RIVERSIDE NO 2

Neighborhood

RIVERSIDE NO 2

County

Broward

Area Code

3342

Subdivision

RIVERSIDE NO 2

Taxes & Fees

Taxes

$14,125 /yr

Tax Year

2024

Financing Terms

Cash,Conventional,Other

HOA Fee

$0.00 /mo

Taxes

$14,125 /yr

Tax Year

2024

Financing Terms

Cash,Conventional,Other

HOA Fee

$0.00 /mo

Other

Virtual Tour Link

https://www.propertypanorama.com/instaview/mia/A11855351

Pets

Unspecified

Virtual Tour Link

https://www.propertypanorama.com/instaview/mia/A11855351

Pets

Unspecified

Kitwana Mbaya

Email: [email protected] Cell: 9545478923