700 SW 16th Ave
Fort Lauderdale, FL 33312
8
Bed
4
Bath
3,047Sqft
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
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: 1970Building Area Total: 3047Construction Materials: BlockStories: 1Pool 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: 7684 Zoning Description: RM-15 Property SubType: Quadruplex Levels: One Property Age: 56
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Listing Price Information
Listing Price: $995000Original Price: $1100000Cash, Conventional, Other
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Tax Information
Parcel Number: 504209030110 Tax Year: 2024 Annual Tax: $14125 Tax Legal Desc: RIVERSIDE NO 2 1-104 D LOT 13 W1/2 BLK A
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Parking Information
Parking Total: 8
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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 |
|---|---|---|---|---|---|
| 3712 SW 12th Ct, Fort Lauderdale, FL, 33312 | $525,000 | 4 | 2 | 1,636 | 1,636 SqFt |
| 1111 SW 2nd Street, Fort Lauderdale, FL, 33312 | $1,195,000 | 7 | 4 | 2,340 | 2,340 SqFt |
| 312 SW 12th Avenue, Fort Lauderdale, FL, 33312 | $949,000 | 5 | 3 | 1,611 | 1,611 SqFt |
| 615 SW 14th Avenue #1-2, Fort Lauderdale, FL, 33312 | $735,000 | 4 | 2 | 1,462 | 1,462 SqFt |
| 3821 SW 13th Ct, Fort Lauderdale, FL, 33312 | $1,190,000 | 4 | 4 | 3,387 | 3,387 SqFt |
| 1390 Riverland Road, Fort Lauderdale, FL, 33312 | $649,900 | 5 | 4 | 2,262 | 2,262 SqFt |
| 715 W Las Olas Boulevard, Fort Lauderdale, FL, 33312 | $1,600,000 | -- | -- | 1,996 | 1,996 SqFt |
| 11 SW 11th Avenue, Fort Lauderdale, FL, 33312 | $1,395,000 | 2 | 3 | 2,480 | 2,480 SqFt |
| 608 SW 16th Avenue, Fort Lauderdale, FL, 33312 | $1,375,000 | 12 | 8 | 4,855 | 4,855 SqFt |
| 1705 Davie Blvd, Fort Lauderdale, FL, 33312 | $339,000 | 1 | 2 | 690 | 690 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 06/18/2026 @ 10:55
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