700 SW 16th, Fort Lauderdale, FL 33312
Local realty services provided by:CENTURY 21 Move With Us
Listed by: elior levi
Office: fausto commercial realty consultants inc
MLS#:A12112046
Source:FL_RAMC
Price summary
- Price:$950,000
- Price per sq. ft.:$311.78
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
- Subdivision & Development:RIVERSIDE NO 2
- Listing ID #:A12112046
- Added:1 day(s) ago
- Updated:November 03, 2026 at 08:12 PM
Rooms and interior
- Flooring:Terrazzo, Vinyl
- Living area:3,047 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Composite Shingle, Shingle
- Year built:1970
- Building area:3,047 sq. ft.
- Construction Materials:Block, Concrete
- Levels:1 Story
Utilities
- Water:Public Water, Water Available, Water Connected
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$950,000
- Price per sq. ft.:$311.78
- Tax amount:$15,271 (2025)
Parking
- Total parking spaces:8
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