700 SW 16th Ave, Fort Lauderdale FL 33312

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.

This quadruplex home located at 700 SW 16th Ave, Fort Lauderdale FL 33312 is currently for sale and has been available on Brickellsold for 190 days. This property is listed at $995K. It has N/A beds, N/A bathrooms, and is 3047 square feet. It was built in 1970. 700 SW 16th Ave, Fort Lauderdale FL 33312 is in Fort Lauderdale county Broward County.