NicoleMarks, P.A.
BEDS0
BATHS
SQUARE FEET3,047
MLS#A12112046
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONRIVERSIDE NO 2
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 Floridas fastest-growing markets.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Home Style: Detached
Roof Type: Shingle
Stories: 1.0
Taxes: $15,271
Year Built: 1970
Feature Descriptions
Crops Included Y/N: No
Days on Site: 2
Exterior: Concrete Block Construction, CBS Construction
Flooring: Terrazzo, Vinyl
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: All Cash, Conventional, Owner Will Carry
Lot: Less Than 1/4 Acre Lot
Parcel#: 504209030110
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Water: Municipal Water
Listed By / Shown By
Listed By
Agency Name: Fausto Commercial Realty Consultants Inc
Agency Phone: 954-743-7594
Shown By
Agent Name: Nicole Marks, P.A.
Agent Phone: (561) 445-8743
Agency Title: Realty 100
Estimate Your Payment
Estimated Payment
$ 3,663.95 per month $2,114.29 Principal & Interest $1,272.58 Property Tax $277.08 Homeowner's InsuranceChange Payment Information
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700 SW 16th Ave | MLS# A12112046
This multi-family property located at 700 SW 16th Ave , Fort Lauderdale, FL 33312 is currently listed for sale with an asking price of $950,000. Search Fort Lauderdale real estate on www.nicolemarksrealtor.com today.