Quadruplex in 700 SW 16th Ave Fort Lauderdale for sale with MLS# A11855351
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.
700 SW 16th Ave, Fort Lauderdale, FL 33312
- Price:
- $995,000.00
- Previous Asking Price:
- $1,050,000.00
- Original List Price:
- $1,100,000.00
- Rent Includes:
- Hot Water, Sewer, Trash Collection, Water, Gardener, Pest Control, Other
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Fourplex (Quadruplex)
- MLS Number:
- A11855351
- Description of Last Important Update:
- Price Change
- Last Major Update on:
- October 27, 2025 9:40 am
- Living Area:
- 3,047 Sqft
- Built-Up Area:
- 3,047 Sqft
- Lot Size Unit:
- Square Feet
- Lot Features:
- Less Than Quarter Acre
- Waterfront:
- No
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Year Built:
- 1970
- Year Built Details:
- Resale
- Roof:
- Shingle
- Architectural Style:
- Fourplex
- Levels:
- One
- Construction Materials:
- Block
- Flooring:
- Tile, Vinyl
- Stories:
- 1
- Tax Annual Amount:
- $14,125.00
- Tax Year:
- 2024
- Property Tax Status:
- Tax Reflects No Exemptions
- Parking Total Spaces:
- 8
- Covered Spaces:
- 0
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available
- Water Source:
- Public
- Subdivision Name:
- RIVERSIDE NO 2
- Senior Community:
- No
- Documents Available:
- Other, Rent Rolls
- Listing Terms Considered by Seller:
- Cash, Conventional, Other
- Occupant Type:
- Call Agent
- Buyer Possession:
- Closing And Funding
- Lease Considered:
- No
- Tax Legal Description:
- RIVERSIDE NO 2 1-104 D LOT 13 W1/2 BLK A
- Real Estate Folio Number (Parcel Number):
- 504209030110
- Zoning Description:
- RM-15
- Originally published on:
- August 17, 2025 2:41 pm
- Active on the market since:
- August 17, 2025
- Listing Agreement executed on:
- August 17, 2025
- Price change occurred on:
- October 27, 2025 9:40 am
- Listing Status Last Changed On:
- August 17, 2025 2:41 pm
- Photos updated on:
- August 17, 2025 6:49 pm
- Last Modified:
- April 17, 2026 5:38 pm
- Flood Zone:
- AE
- Type of Association:
- None
- Style:
- Fourplex
- Subdivision Number:
- 3
- Courtesy of:
- Fausto Commercial Realty Consultants Inc
- Attribution:
- Not provided
- Street Name:
- 16th Ave
- Street Number:
- 700
- City:
- Fort Lauderdale
- State:
- Florida
- Zip Code:
- 33312
- County:
- Broward
- Latitude:
- N26° 6' 45.9''
- Longitude:
- W81° 50' 14.8''
- Street Direction Prefix:
- SW
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Broward County
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