$995,000

700 SW 16th Ave, Fort Lauderdale, FL 33312

3,047 sqft

Multi-Family Home
Built in 1970
—— sqft lot
—— car garage
$327/sqft
Listed 2 months ago

Property Description

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.

Listing Status:: Active
Date Added:: August 17, 2025 at 05:00AM
Listing Office:: Fausto Commercial Realty Consultants Inc : 786-748-7373
Listing Agent:: Elior Levi : 954-743-7594
MLS ID:: A11855351

Flooring: TileVinyl
A/C: Central Air
Heating: Central

Style: Detached

Roofing: Shingle
General: Concrete Block ConstructionCBS Construction1

Originating MLS: Miami Association of REALTORS®
County: Broward County

Zoning: RM-15RIVERSIDE NO 2 1-104 D LOT 13 W1/2 BLK A504209030110

Water: Municipal Water
Sewer: Public Sewer

Source: Miami Association of REALTORS®

This listing courtesy of Elior Levi, Fausto Commercial Realty Consultants Inc

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

North Fork Elementary School

101 NW 15th Ave, Fort Lauderdale, FL, 33311

Grades PK-5

0.72 miles away

Whiddon Rodgers Education Center

700 SW 26th St, Fort Lauderdale, FL, 33315

Grades 6-12

1.76 miles away

Stranahan High School

1800 SW 5th Pl, Fort Lauderdale, FL, 33312

Grades 9-12

0.22 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.