700 SW 16th Avenue
Fort Lauderdale, FL 33312
$950,000
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.
| List Price: | $950,000 |
|---|---|
| Property Type: | Residential Income |
| Status: | Active |
| Living Area: | 3,047 |
| Tax Annual Amount: | $15,271 |
| Waterfront?: | No |
| Subdivision: | Riverside No 2 |
| Year Built: | 1970 |
| Association?: | No |
| Basement Yn: | No |
| Construction Materials: | CBSConcreteBlockStructure, Block |
| Cooling: | CentralAir |
| Elementary School: | Croissant Park |
| Heating: | Central, SeparateMeters |
| High School: | Stranahan |
| Listing Contract Date: | 2026-11-03 |
| Middle Or Junior School: | New River |
| MLS Area Major: | 3470 |
| Mobile Dim Units: | Feet |
| New Construction?: | No |
| Number Of Units In Community: | 4 |
| Original List Price: | $950,000 |
| Parcel Number: | 504209030110 |
| Parking Total: | 8 |
| Possession: | Negotiable |
| Postal City: | Fort Lauderdale |
| Property Condition: | Resale |
| Roof: | Shingle |
| Sewer: | PublicSewer |
| Stories Total: | 1 |
| Tax Year: | 2025 |
| Current Price: | $950,000.00 |
| Country Subdivision: | 12011 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:12011:504209030110 |
| Listing Id: | A12112046 |
|---|---|
| Property Sub Type: | Quadruplex |
| City: | Fort Lauderdale |
| County Or Parish: | Broward |
| Postal Code: | 33312 |
| Number Of Units Total: | 4 |
| Building Area Total: | 3047.0 |
| Cooling?: | Yes |
| Flooring: | Terrazzo, Vinyl |
| Gross Income: | $6,675 |
| Heating?: | Yes |
| Listing Agreement: | ExclusiveRightToSell |
| Listing Terms: | Cash, Conventional, OwnerWillCarry, Other |
| MLS Area Minor: | Ftsw - Ft Lauderdale Sw (3470-3500;3570-3590) |
| Pool Private?: | No |
| Postal Code Plus4: | 7684 |
| State Or Province: | FL |
| Utilities: | CableAvailable |
| Water Source: | Public |
| Zoning: | RM-15 |
| Property Sub Type Additional: | Quadruplex |
| List Office National Association Id: | 0 |
| Record Signature: | 2,025,140,898 |
Listing Courtesy of: Fausto Commercial Realty Consultants Inc
Listing Agent: Elior Levi
954-743-7594
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 BeachesMLS, Inc. All rights reserved.
BeachesMLS data last updated on November 04, 2026 03:30 AM - ET
Property Last Updated: November 04, 2026 03:30 AM - ET
