700 SW 16th Ave, Fort Lauderdale, FL 33312

Fort Lauderdale
Local realty services provided by:First Service Realty ERA Powered
700 SW 16th Ave,Fort Lauderdale, FL 33312
$995,000
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:$995,000
  • Price per sq. ft.:$326.55

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:March 19, 2026 at 09:59 AM

Rooms and interior

  • Flooring:Tile, Vinyl
  • Living area:3,047 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Shingle
  • Year built:1970
  • Building area:3,047 sq. ft.
  • Lot Features:< 1/4 Acre
  • Architectural Style:Fourplex
  • Construction Materials:Block
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$995,000
  • Price per sq. ft.:$326.55
  • Tax amount:$14,125 (2024)

Parking

  • Total parking spaces:8
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