700 SW 16th Ave, Fort Lauderdale, FL 33312

Listing Remarks — 700 SW 16th Ave, Fort Lauderdale, FL 33312

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.

Inside the Residence: 700 SW 16th Ave, Fort Lauderdale, FL 33312

Flooring

Terrazzo, Vinyl

Heating

Central

Cooling

Central Air

Architectural Style

Detached

Pool Private

No

Year Built Details

Resale

Building & Association Facts — 700 SW 16th Ave, Fort Lauderdale, FL 33312

Building Name

RIVERSIDE NO 2

Building Area Total

3047

Building Area Units

Square Feet

Stories

1

Stories Total

1

Association

No

Site, Views & Construction — 700 SW 16th Ave, Fort Lauderdale, FL 33312

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

Sewer

Public Sewer

Water Source

Municipal Water

New Construction

No

Tax & Parcel Record — 700 SW 16th Ave, Fort Lauderdale, FL 33312

Parcel Number

504209030110

Tax Annual Amount

$15,271

Tax Year

2,025

Tax Legal Description

RIVERSIDE NO 2 1-104 D LOT 13 W1/2 BLK A

Zoning

RM-15

County Or Parish

Broward County

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