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640 SW 16th Ave

Fort Lauderdale, FL

Listing Details

  • $1,450,000
  • MLS# A11946433
  • Type Multi Unit - Multiple
  • Status Active
  • 4,855
    Square Feet
  • 1976
    Year Built

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... Read more International Airport, and the beach, ensuring strong tenant demand and long-term rental appeal.

Key Features

No amenity information available.

View All Features
640 SW 16th Ave
Fort Lauderdale, FL 33312
Subdivision
RIVERSIDE NO 2
County
Broward

Contact the Agent

Luxury Homes Specialist
Contact the Listing Agent
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All Property Features

  • Property Type: Multi Unit - Multiple
  • Cooling: Central Air
  • Crops Included Y/N: No
  • Days on Site: 157
  • Exterior: Concrete Block Construction, CBS Construction
  • Flooring: Other, Tile
  • Heating: Central
  • Home Style: Detached
  • Home Warranty Y/N: No
  • Lease Considered Y/N: No
  • Listing Terms: All Cash, Conventional
  • Lot Description: Less Than 1/4 Acre Lot
  • Parcel#: 504209030061
  • Property Attached Y/N: No
  • Property Sub-Type: Quadruplex
  • Roof Type: Shingle
  • Sewer: Public Sewer
  • Stories: 2.0
  • Taxes: $16,160
  • Units: 4
  • Water: Municipal Water
  • Year Built: 1976