700 SW 16th Ave, Fort Lauderdale, FL 33312

About This Home

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

Flooring

Terrazzo, Vinyl

Heating

Central

Cooling

Central Air

Architectural Style

Detached

Building & Association

Building Name

RIVERSIDE NO 2

Stories

1

Stories Total

1

Association

No

Lot & Construction

Lot Features

Less Than 1/4 Acre Lot

Lot Size Square Feet

0

Waterfront

No

View

No

Construction Materials

Concrete Block Construction, CBS Construction

Roof

Shingle

New Construction

No

Public Records

Parcel Number

504209030110

Tax Annual Amount

$15,271

Tax Year

2,025

Zoning

RM-15

County Or Parish

Broward County

Location