$950,000
Fort Lauderdale, FL 33312
MLS# A12112046
3047 sqft
1 / 22
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.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-11-03
Status: Active
Original List Price: 950000
List Price: $950,000
Current Price: $950,000
Location and Legal
County Or Parish: Broward
County Parish Name: Broward
City Name: Fort Lauderdale
Postal Zip: 33312
Geographic Area: FTSW - Ft Lauderdale SW (3470-3500;3570-3590)
Subdivision Number: 3
Flood Zone: AE
Country: United States
Street Number: 700
Street Direction Prefix: SW
Street Name: 16th
Street Suffix: Avenue
State Or Province: FL
Postal Code: 33312
Postal Code +4: 7684
Subdivision Name: RIVERSIDE NO 2
Area: 3470
Elementary School: Croissant Park
Middle Or Junior School: New River
High School: Stranahan
Parcel Number: 504209030110
Zoning: RM-15
General Property Information
Number Of Units Total: 4
Adjusted Area Main: 3047
Living Area Main: 3047
Parking Total: 8
Stories Total: 1
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 3047
Year Built: 1970
Financial Information
Estimated Monthly Assoc Recurring Fee: 0
Tax Annual Amount: 15271
Tax Year: 2025
Tax Legal Description: RIVERSIDE NO 2 1-104 D LOT 13 W1/2 BLK A
Office/Member Information
DXORIGMLSID: SEF
Flooring
Terrazzo: 1
Vinyl: 1
Property Condition
Resale: 1
Documents Available
Other Available Information: 1
Rent Rolls: 1
Structure Type
Multi Family: 1
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Heating
Central: 1
Separate Meters: 1
Construction Materials
Block: 1
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Owner Will Carry: 1
Other: 1
Roof
Shingle: 1
Water Source
Public: 1
Income and Expenses
Gross Income: 6675
Cooling
Central Air: 1
Showing Requirements
Call Listing Agent: 1
Tax Information
Tax Reflects No Exemptions: 1
Unit 1 Details
Actual Rent: 1700
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Unit 1 Lease Description
Currently Leased YN: Yes
Unit 1 Parking Features
Open Parking: 1
Unit 2 Details
Actual Rent: 1650
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Unit 2 Lease Description
Currently Leased YN: Yes
Unit 2 Parking Features
Open Parking: 1
Unit 3 Details
Actual Rent: 1675
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Unit 3 Lease Description
Currently Leased YN: Yes
Unit 3 Parking Features
Open Parking: 1
Unit 4 Details
Actual Rent: 1650
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Unit 4 Lease Description
Currently Leased YN: Yes
Unit 4 Parking Features
Open Parking: 1
Price Calculations
Current Price To SqFt: 311.78
Section Details
Parcel Number MLX: 0110
Status Change Information
Major Change Timestamp: 2026-11-03T05:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-11-03
Originating Details
Originating System Key: 568227618
Originating System ID: M00000151
Property Features
Documents Available: Other Available Information; Rent Rolls
Flooring: Terrazzo; Vinyl
Property Condition: Resale
Structure Type: Multi Family
Construction Materials: Block; CBS
Cooling: Central Air
Heating: Central; Separate Meters
Listing Terms: Cash; Conventional; Owner Will Carry; Other
Possession: Negotiable
Roof: Shingle
Sewer: Public Sewer
Tax Information: Tax Reflects No Exemptions
Utilities: Cable Available
Water Source: Public
Showing Requirements: Call Listing Agent
Unit 1 Parking Features: Open Parking
Unit 2 Parking Features: Open Parking
Unit 3 Parking Features: Open Parking
Unit 4 Parking Features: Open Parking
Listing Office: Fausto Commercial Realty Consultants Inc
Last Updated: November - 03 - 2026
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