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.
Current real estate data for Multi Family in Fort Lauderdale as of Nov 08, 2026
179
Multi Family Listed
133
Avg DOM
446
Avg $ / SqFt
$1,160,725
Avg List Price
Listing Provided Courtesy of Fausto Commercial Realty Consultants Inc at 786-748-7373
Property Details
Price:
$950,000
MLS #:
A12112046
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
RIVERSIDE NO 2
Neighborhood:
3470
Listed Date:
Nov 2, 2026
Finished Sq Ft:
3,047
Total Sq Ft:
3,047
Year Built:
1970
Units:
4
Schools
Elementary School:
Croissant Park
Middle School:
New River
High School:
Stranahan
Interior
Cooling
Central Air
Flooring
Terrazzo, Vinyl
Heating
Separate Meters, Central
Exterior
Construction Materials
Block, CBS
Roof
Shingle
Financial
Tax Year
2025
Taxes
$15,271
Map
Contact Us
Mortgage Calculator
Community
- Address700 SW 16th Avenue Fort Lauderdale FL
- SubdivisionRIVERSIDE NO 2
- CityFort Lauderdale
- CountyBroward
- Zip Code33312
Property Summary
- Located in the RIVERSIDE NO 2 subdivision, 700 SW 16th Avenue Fort Lauderdale FL is a Multi Family for sale in Fort Lauderdale, FL, 33312. It is listed for $950,000 To schedule a showing of MLS#a12112046 at 700 SW 16th Avenue in Fort Lauderdale, FL, contact your Trust House Realty agent at 9543362003.
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