Riverside Park, 1185 SW 16th Ave Fort Lauderdale, FL 33312

New listing – prime multifamily investment opportunity in fort lauderdale discover an exceptional chance to secure a profitable asset in a rapidly developing neighborhood. This property features two standalone buildings, each offering two spacious 2br/2ba units (four total). Currently generating $90k+ in annual income and approximately $70k in noi (a 6%+ cap), this investment has clear upside potential with nearby comps suggesting $110k+ in possible annual income after upgrades.each building boasts 1,502 sf of well-maintained living space, set on a combined 9,220 sf lot. Surrounded by new developments in a gentrifying location, this is a rare opportunity to add value through modern renovations and strategic improvements.