640 SW 16th Ave
Fort Lauderdale, FL 33312
14
Bed
8
Bath
4,855Sqft
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.
Property Details
Map
Map
Features
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Interior Features
Roof: Shingle -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 1976Building Area Total: 4855Construction Materials: BlockStories: 2Pool Features: NonePrivate Pool: No
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Lot Information
Lot Description: LessThanQuarterAcreProperty Information
Subdivision: RIVERSIDE NO 2 Source Property Type: ResidentialIncome MLS Area Minor: Ft Ldale SW (3470-3500;3570-3590) Postal Code Plus 4: 7681 Zoning Description: RM-15 Property SubType: Quadruplex Levels: Two Property Age: 50
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Listing Price Information
Listing Price: $1450000Original Price: $1500000Cash, Conventional, Other
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Tax Information
Parcel Number: 504209030061 Tax Year: 2025 Annual Tax: $16160 Tax Legal Desc: RIVERSIDE NO 2 1-104 D LOT 8 W 140 BLK A
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Parking Information
Parking Total: 5
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Utility Information
CableAvailable -
Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3055 Lakeshore Drive, Fort Lauderdale, FL, 33312 | $369,500 | 2 | 2 | 1,612 | 1,612 SqFt |
| 243 SW 21st Way, Fort Lauderdale, FL, 33312 | $380,000 | 3 | 1 | 1,145 | 1,145 SqFt |
| 451 SW 38th Ter, Fort Lauderdale, FL, 33312 | $560,000 | 3 | 3 | 1,664 | 1,664 SqFt |
| 1616 SW 9th Street, Fort Lauderdale, FL, 33312 | $560,000 | 4 | 2 | 1,120 | 1,120 SqFt |
| 2406 Gulfstream Ln, Fort Lauderdale, FL, 33312 | $1,325,000 | 3 | 2 | 1,316 | 1,316 SqFt |
| 2629 SW 6th Court, Fort Lauderdale, FL, 33312 | $640,000 | 4 | 3 | 1,470 | 1,470 SqFt |
| 3313 SW 19th Street, Fort Lauderdale, FL, 33312 | $569,000 | 4 | 2 | 2,904 | 2,904 SqFt |
| 2937 SW 54th Street, Fort Lauderdale, FL, 33312 | $300,000 | 2 | 2 | 1,318 | 1,318 SqFt |
| 700 SW 28th Ter, Fort Lauderdale, FL, 33312 | $440,000 | 3 | 2 | 1,280 | 1,280 SqFt |
| 2774 SW 54th Street, Fort Lauderdale, FL, 33312 | $359,000 | 2 | 2 | 1,170 | 1,170 SqFt |
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ByOwner last updated this listing 06/19/2026 @ 15:32
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