New Listing$950,000 $5,100 est/mo Sourced by Back At You
700 SW 16th Avenue,Fort Lauderdale, FL 33312
Fort Lauderdale, FL 33312
Single-story exterior featuring a white stucco facade, brick base detailing, grid-patterned windows, and a dedicated asphalt parking area
Single-story exterior featuring a light-colored facade with masonry skirting, a paved parking area, and mature palm trees
Single-story exterior featuring white stucco siding with brick masonry base, grid-pattern windows, and a paved surface area
Exterior facade featuring painted stucco, stone masonry detailing, a designated asphalt parking area, and mature palm trees
Neutral-toned interior featuring wood-finish flooring, a ceiling fan with integrated lighting, and vertical window blinds
Kitchen featuring grey shaker-style cabinetry, white countertops, stainless steel appliances, a gooseneck faucet, and wood-finish flooring
Neutral-toned interior featuring wood-finish flooring and three six-panel interior doors
Room featuring wood-finish flooring, a neutral wall palette, and a ceiling fan with integrated lighting
Neutral-toned wall finish, wood-finish flooring, and white louvered bifold closet doors
Neutral-toned interior featuring wood-finish flooring, white door casings, and a wall-mounted digital thermostat
Room featuring wood-finish flooring, a six-panel door, vertical window blinds, and a ceiling fan with integrated lighting
Aerial view featuring a multi-unit residential property with dedicated surface parking, palm tree landscaping, and a distant cityscape skyline
Aerial perspective of the rectangular lot featuring a deep-profile structure, paved surface parking, and mature trees
Aerial perspective of residential structure featuring a composition shingle roof, asphalt parking area, and mature landscaping
Aerial perspective highlighting a multi-unit residential building with a flat roof structure and surrounding mature landscaping
Aerial perspective featuring a multi-unit residential structure with a shingled roof, situated among mature trees and established landscaping with an adjacent open-field track facility
Aerial perspective of property featuring mature tree canopy, paved parking, and proximity to metropolitan skyline
Aerial perspective featuring mature trees, a low-density residential setting, and proximity to an urban skyline
Aerial perspective highlighting the property location within a dense tree canopy, grid street layout, and proximity to the urban skyline
Aerial perspective of residential property featuring a single-story structure, expansive surrounding green space, and proximity to municipal athletic fields
Aerial perspective of residential property featuring a single-story structure, expansive surrounding green space, and proximity to municipal athletic fields
Aerial perspective featuring a single-story structure with a pitched roof, situated within a landscaped parcel featuring mature palm trees and paved surface parking
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.
Details
| MLS # | A12112046 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1970 |
| Days On Site | 2 |
| Listing Provided By | Fausto Commercial Realty Consultants Inc | Elior Levi |
Features
| SQ Feet | 3,047 |
|---|---|
| Story(s) | 1 |
| Units | 4 |
| Zoning | RM-15 |
Taxes
| Tax Annual Amount | 15271 |
|---|
Area Information
| State | FL |
|---|---|
| County | Broward |
| City | Fort Lauderdale |
| Zip Code | 33312 |
| Area | 3470 |
| Subarea | FTSW Ft Lauderdale SW (3470 3500;3570 3590) |
| Community Name | RIVERSIDE NO 2 |
| Listing VS Median (in RIVERSIDE NO 2) | |
Price: $950,000 low | high Med: $3,100 sqft: 3,047 low | high Med: 2,055 $ / sqft: $312 low | high Med: $2 On site: 2 low | high Med: 86 | |
Market Activity 33312
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Learn More About This Property
| State | FL |
|---|---|
| County | Broward |
| City | Fort Lauderdale |
| Zip Code | 33312 |
| Area | 3470 |
| Subarea | FTSW Ft Lauderdale SW (3470 3500;3570 3590) |
| Community Name | RIVERSIDE NO 2 |
| Listing VS Median (in RIVERSIDE NO 2) | |
Price: $950,000 low | high Med: $3,100 sqft: 3,047 low | high Med: 2,055 $ / sqft: $312 low | high Med: $2 On site: 2 low | high Med: 86 | |
Nearby Listings (Within 1/2 mile)
Price: $712K - $1.187M
sqft: 2,000 - 3,500
Listing Updated: November 3, 2026 at 5:11:58 AM PST