640 Sw 16th Ave, Fort Lauderdale, FL 33312
- $1,450,000
- 4,855
- SqFt
- List Price
- $1,450,000
- Price Change
- ▼ $50,000 1770407881
- MLS
- A11946433
- Complex Name
- Riverside No 2
- Status
- ACTIVE
- Type
- Multifamily
- Living Area
- 4,855
Property Description
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.
Additional Information
- Days on Market
- 187
- Style
- Quadruplex, Fourplex
- #Parking Spaces
- 5
- Year Built
- 1976
- Development Name
- Riverside No 2
- #Stories
- 2
- Construction Type
- Concrete Block Construction, CBS Construction
Mortgage Calculator
Listing Courtesy of Fausto Commercial Realty Consultants Inc, Contact: