700 SW 16th Ave, Fort Lauderdale, FL 33312
Local realty services provided by:ERA South Dade Realty
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:November 17, 2025 at 10:54 AM
Rooms and interior
- Living area:3,047 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Roof:Shingle
- Year built:1970
- Building area:3,047 sq. ft.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$995,000
- Price per sq. ft.:$326.55
- Tax amount:$14,125 (2024)
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