South Florida
Closed
Riverside Park, 1185 SW 16th Ave, Fort Lauderdale, FL 33312
1,140,000(-4.39% )
Details
Save
Status:
Sold - Mar 27, 2025
Size: 1,502 SqFt (140 m2)
Price: $726/SqFt ($7,811/m2)
Type: Multi Family
Built: 1988
MLS Number: A11735110
On Site: 202 Days
Updated: 146 Days ago
Page Views: 0
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.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: Electric
- Cooling Description: Electric
Building and Construction
- Floor Description: CeramicTile
- Year Built: 1988
- Year Built Description: Resale
- Style: Fourplex
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2025-02-03T11:40:20.000-00:00
Taxes, Fees & More
- Taxes: 7878
Price History
03/27/2025
Date
Sold
Event
$1.1M
Price
-4.39%
Change Rate
$726 ft2 / $7,811 m2
Price Per
01/30/2025
Date
Listed
Event
$1.1M
Price
$759 ft2 / $8,170 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Rosa Poler • Optimar International Realty • Buyer Agency Compensation .
Instant Comps
$100/ft²
$300/ft²
$700/ft²
$1,100/ft²
Unit 1185 SW 16th Ave – Asking
$726/ft²
(+59%) from Closed Medium $/ft²
Closed Medium $/ft²
$457/ft²
Community $/Price Range (Closed) $111/ft² – $923/ft²
No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
THINKING OF SELLING IN Riverside Park at Fort Lauderdale?
Request a Comparative Market Analysis (CMA), It's free and comes with no obligation.
Similar Listings
No Listings Found
We couldn't find any listings in your search area. Try changing your location
Fort Lauderdale Mid-Tier Homes & Condos
- L'Ambiance Beach Condo1
- 100 Hendricks Townhouse1
- 100 Las Olas Condo7
- 10X Fort Lauderdale Condo0
- 10X Riverwalk Condo0
- 1200 Club Condo1
- 12th Court Townhouses Townhouse0
- 1353 Holly Heights Condo0
- 14 South Townhouse1
- 160 Marina Bay Condo4
- 1750 Las Olas Co-Op1
- 2889 Club Apartment Condo0
- 30 Thirty North Ocean Mixed3
- 3000 Waterside Condo0
- 321 At Water Edge Condo1
- 33 Intracoastal Condo1
- 350 Las Olas Place Condo6
- 353 Sunset Las Olas Condo3
- 45 Hendricks Condo1
- 49th Street Townhomes Townhouse2
- 64 Isle Of Venice Condo0
- 7 East Mixed1
- 76 Isle Of Venice Mixed0
- 8 At Croissant Park Townhouse0
- 900 Place Townhouse0
- 912 Victoria Townhomes Townhouse0
- Academy Award House0
- Academy Hills Multifamily0
- Acapulco Townhomes Townhouse1
- Adagio Fort Lauderdale Beach Condo2
- Adagio On The Bay Condo1
- Alagon Co-Op0
- Aldens Mixed1
- Alexander Hamilton Co-Op0
- Alhambra Place Condo0
- Allenwood Multifamily1
- Alta Vista Terrace Land0
- Amadale Multifamily0
- American Tectonics Condo0
- Americas On The Park Condo3
- Andare Residences By Pininfarina Condo0
- Ansonia Gardens Townhouse1
- Apple Creek Townhomes Townhouse0
- Aqua Bella Townhouse1
- Aqua Vista House1
- Aquablu Condo2
- Aqualuna Las Olas Condo1
- Aquamar Las Olas Condo1
- Aquarius Condo0
- Aquavita Las Olas Condo1
- Aquavue Las Olas Condo1
- Arbor Keys Condo3
- Aria At Las Olas Condo0
- Arrowhead Estates Multifamily2
- Arrowhead Golf & Tennis Club Townhouse0
- Artesia By Minto Condo1
- Artist Colony Condo2
- Ashley House Condo2
- Ashmont At Kings Point Condo4
- Asoka Mixed1
- Asoka Bali Condo0
- Aspen House Condo0
- Aspetuck Point House0
- Atelier Lofts Townhouse1
- Atlantic Beach Villas Townhouse0
- Atlantic Towers Co-Op11
- Auberge Beach Residences & Spa Condo10
- Avenue Lofts Condo5
- Avon Heights House2
- Avon Isles House0
- Azul At Kimberly Lake Condo0
- Bal Harbour Mixed2
- Bamboo Flats Townhouse4
- Bamboo Villas Condo0
- Barcelona Isle House3
- Barcelona Villas Multifamily1
- Barclay Square Condo1
- Bay Club Condo0
- Bay Colony Club Condo14
- Bay Island Villas Mixed0
- Bayshore Embassy Condo1
- Bayshore Towers Condo7
- Bayview 32 Condo0
- Bayview Landings Townhouse0
- Bayview Village Mixed1
- Beach Breeze Co-Op1
- Beach Ridge Mixed1
- Beach Shore Co-Op2
- Beach Side Co-Op0
- Beach Vista Co-Op0
- Beach Way Heights Mixed6
- Beachdale Co-Op0
- Beaumont Co-Op1
- Bel-Aire Condo0
- Bel-Ter House3
- Belfort Condo1
- Belfort At Kings Point Condo3
- Bella Caprese Townhomes Townhouse0
- Bella Vista Townhouse0
Riverside Park Communities in Fort Lauderdale, FL
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
Company | Legal | Social Media |
About Us | Privacy Policy | |
Press Room | Terms of Use | |
Blog | DMCA Notice | |
Contact Us | Accessibility |
Copyright © 2025 Subdivisions.com • All Rights Reserved • Made with ❤ in Miami, Florida.