700 SW 16th Ave, Fort Lauderdale, FL 33312

Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
700 SW 16th Ave,Fort Lauderdale, FL 33312
$1,050,000
Virtual Tour
  • - Beds
  • - Baths
  • 3,047 sq. ft.
  • Multi-family
  • Active
Listed by:elior levi
Office:fausto commercial realty consultants inc
MLS#:A11855351
Source:SEFMLS

Price summary

  • Price:$1,050,000
  • Price per sq. ft.:$344.6

About this home

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.

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Home facts

  • Year built:1970
  • Listing ID #:A11855351
  • Updated:September 18, 2025 at 09:52 AM

Rooms and interior

  • Living area:3,047 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Roof:Shingle
  • Year built:1970
  • Building area:3,047 sq. ft.

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,050,000
  • Price per sq. ft.:$344.6
  • Tax amount:$14,125 (2024)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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