640 SW 16th Ave, Fort Lauderdale, FL 33312

Fort Lauderdale
Local realty services provided by:First Service Realty ERA Powered
640 SW 16th Ave,Fort Lauderdale, FL 33312
$1,450,000
Virtual Tour
  • - Beds
  • - Baths
  • 4,855 sq. ft.
  • Multi-family
  • Active
Listed by: elior levi
Office: fausto commercial realty consultants inc786-748-7373
MLS#:A11946433
Source:SEFMLS

Price summary

  • Price:$1,450,000
  • Price per sq. ft.:$298.66

About this home

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.

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Home facts

  • Year built:1976
  • Subdivision & Development:RIVERSIDE NO 2
  • Listing ID #:A11946433
  • Updated:August 14, 2026 at 09:51 AM

Rooms and interior

  • Flooring:Tile
  • Living area:4,855 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1976
  • Building area:4,855 sq. ft.
  • Architectural Style:Fourplex
  • Construction Materials:Block
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,450,000
  • Price per sq. ft.:$298.66
  • Tax amount:$16,160 (2025)

Parking

  • Total parking spaces:5
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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