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700 SW 16th Ave, Fort Lauderdale FL 33312

Fort Lauderdale, FL 33312

$950,000

  • 700 SW 16th Ave, Fort Lauderdale FL 33312, photo 1 of 22: Single-story exterior featuring a white stucco facade, brick base detailing, grid-patterned windows, and a dedicated asphalt parking area
  • 700 SW 16th Ave, Fort Lauderdale FL 33312, photo 2 of 22: Single-story exterior featuring a light-colored facade with masonry skirting, a paved parking area, and mature palm trees
  • 700 SW 16th Ave, Fort Lauderdale FL 33312, photo 3 of 22: Single-story exterior featuring white stucco siding with brick masonry base, grid-pattern windows, and a paved surface area
  • 700 SW 16th Ave, Fort Lauderdale FL 33312, photo 4 of 22: Exterior facade featuring painted stucco, stone masonry detailing, a designated asphalt parking area, and mature palm trees
  • 700 SW 16th Ave, Fort Lauderdale FL 33312, photo 5 of 22: Neutral-toned interior featuring wood-finish flooring, a ceiling fan with integrated lighting, and vertical window blinds
  • 700 SW 16th Ave, Fort Lauderdale FL 33312, photo 6 of 22: Kitchen featuring grey shaker-style cabinetry, white countertops, stainless steel appliances, a gooseneck faucet, and wood-finish flooring
  • 700 SW 16th Ave, Fort Lauderdale FL 33312, photo 7 of 22: Neutral-toned interior featuring wood-finish flooring and three six-panel interior doors
  • 700 SW 16th Ave, Fort Lauderdale FL 33312, photo 8 of 22: Room featuring wood-finish flooring, a neutral wall palette, and a ceiling fan with integrated lighting
  • 700 SW 16th Ave, Fort Lauderdale FL 33312, photo 9 of 22: Neutral-toned wall finish, wood-finish flooring, and white louvered bifold closet doors
  • 700 SW 16th Ave, Fort Lauderdale FL 33312, photo 10 of 22: Neutral-toned interior featuring wood-finish flooring, white door casings, and a wall-mounted digital thermostat
  • 700 SW 16th Ave, Fort Lauderdale FL 33312, photo 11 of 22: Room featuring wood-finish flooring, a six-panel door, vertical window blinds, and a ceiling fan with integrated lighting
  • 700 SW 16th Ave, Fort Lauderdale FL 33312, photo 12 of 22: Aerial view featuring a multi-unit residential property with dedicated surface parking, palm tree landscaping, and a distant cityscape skyline
  • 700 SW 16th Ave, Fort Lauderdale FL 33312, photo 13 of 22: Aerial perspective of the rectangular lot featuring a deep-profile structure, paved surface parking, and mature trees
  • 700 SW 16th Ave, Fort Lauderdale FL 33312, photo 14 of 22: Aerial perspective of residential structure featuring a composition shingle roof, asphalt parking area, and mature landscaping
  • 700 SW 16th Ave, Fort Lauderdale FL 33312, photo 15 of 22: Aerial perspective highlighting a multi-unit residential building with a flat roof structure and surrounding mature landscaping
  • 700 SW 16th Ave, Fort Lauderdale FL 33312, photo 16 of 22: 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
  • 700 SW 16th Ave, Fort Lauderdale FL 33312, photo 17 of 22: Aerial perspective of property featuring mature tree canopy, paved parking, and proximity to metropolitan skyline
  • 700 SW 16th Ave, Fort Lauderdale FL 33312, photo 18 of 22: Aerial perspective featuring mature trees, a low-density residential setting, and proximity to an urban skyline
  • 700 SW 16th Ave, Fort Lauderdale FL 33312, photo 19 of 22: Aerial perspective highlighting the property location within a dense tree canopy, grid street layout, and proximity to the urban skyline
  • 700 SW 16th Ave, Fort Lauderdale FL 33312, photo 20 of 22: Aerial perspective of residential property featuring a single-story structure, expansive surrounding green space, and proximity to municipal athletic fields
  • 700 SW 16th Ave, Fort Lauderdale FL 33312, photo 21 of 22: Aerial perspective of residential property featuring a single-story structure, expansive surrounding green space, and proximity to municipal athletic fields
  • 700 SW 16th Ave, Fort Lauderdale FL 33312, photo 22 of 22: Aerial perspective featuring a single-story structure with a pitched roof, situated within a landscaped parcel featuring mature palm trees and paved surface parking

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Price
$950,000
Square feet
3,047
Property type
Quadruplex
Year built
1970
MLS number
A12112046

This listing is courtesy of Fausto Commercial Realty Consultants Inc, 954-743-7594.

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About this property

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

Property type
Quadruplex
Year built
1970

Location

Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.

Newmar Brokerage, LLC

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