Fort Lauderdale, FL 33312,640 SW 16th Ave
Fort Lauderdale, FL 33312,640 SW 16th Ave
Fort Lauderdale, FL 33312,640 SW 16th Ave
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$1,500,000
Est. payment /mo
4,855 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,855 sqft

Price per Sqft $308

Subdivision Riverside No 2

MLS Listing ID A11946433

Style Fourplex

HOA Y/N No

Year Built 1976

Annual Tax Amount $16,160

Tax Year 2025

Property Sub-Type Quadruplex

Property Description

Rare opportunity to acquire an enormous 4,855 SF two-story fourplex featuring two 4-bed/2-bath units and two 3-bed/2-bath units with modern interiors, making it a true turn-key investment with plenty of upgrades throughout. The property generates $11,300/month with the owner occupying one unit, offering the option to lease back or move out at sale. All units are individually metered, and each has central air. The building is freshly painted, features impact windows, security cameras throughout, and a 10-year-old roof in excellent condition. Ideally located just minutes from Downtown Fort Lauderdale, major highways, Fort Lauderdale–Hollywood International Airport, and the beach, ensuring strong tenant demand and long-term rental appeal.

Location

State FL

County Broward

Community Riverside No 2

Area 3470

Interior

Heating Central

Cooling Central Air

Flooring Other, Tile

Exterior

Pool None

Utilities Available Cable Available

Roof Type Shingle

Total Parking Spaces 5

Private Pool No

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Water Public

Architectural Style Fourplex

Level or Stories Two

Structure Type Block

Others

Tax ID 504209030061

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11946433


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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Fausto Commercial Realty Consultants Inc

Learn More About LPT Realty

Jessica Dorregaray

Jessica Dorregaray

+1(786) 876-1998

Agent | License ID: 3511327

Agent License ID: 3511327

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640 SW 16th Ave