Multifamily in Fort Lauderdale, FL 33312Riverside Park, 640 SW 16th Ave #1-4
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OFF MARKET
4,855
SqFtStatus
OFF MARKETExpired
Size
4,855 SqFt (451 m2)
Price
$360/SqFt ($3,880/m2)
Type
Multifamily
Built
1965
MLS Number
A11658637
On Site
728 Days
Updated
378 Days ago
Page Views
0
Exceptional investment opportunity!This beautifully renovated Fourplex in the highly sought-after Riverside Park neighborhood, just moments from Downtown Fort Lauderdale, offers an impressive rental potential.
Property Highlights: Unit Breakdown: Two units featuring 3 bedrooms and 2 bathrooms each, and two units offering 4 bedrooms and 2 bathrooms each. Recently updated with fresh paint and modern finishes throughout.
IMPACT WINDOWS, security cameras, and a convenient on-site laundry room. ROOF Only 10 years old, ensuring reliability and longevity. Located in a prime area with strong rental demand, this property combines updated amenities with a strategic location. Perfect for investors seeking a turnkey asset with excellent income potential. Don't miss out on this fantastic opportunity!
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: Central
- Cooling Description: CentralAir
Building and Construction
- Floor Description: Tile
- Year Built: 1965
- Year Built Description: Resale
- Style: Fourplex
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2024-09-13T13:09:13.000-00:00
Taxes, Fees & More
- Taxes: 12682
Apples-to-Apples Comparables
Price History
Current
$1.8M
High
$2.3M
Low
$1.8M
Total Change
-23.9%Date
Event
Price
Change
Price Per
07/02/2025
Price Reduced
$1.8M
-7.89%$360 ft2
$3,880 m2
12/30/2024
Price Reduced
$1.9M
-17.39%$391 ft2
$4,212 m2
09/12/2024
Listed
$2.3M
 $474 ft2
$5,099 m2
07/02/2025
$1.8M
Event
Price Reduced
Change
-7.89%Price Per
$360 ft2
$3,880 m2
12/30/2024
$1.9M
Event
Price Reduced
Change
-17.39%Price Per
$391 ft2
$4,212 m2
09/12/2024
$2.3M
Event
Listed
Price Per
$474 ft2
$5,099 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Mirella Schnars • Real Estate Empire Group, Inc. • Buyer Agency Compensation .
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Scores
46
100
38
100
65
100
77
100
0
100
29
100
0
100
Community Snapshot
2 – 6 BR
Bedrooms
$220K – $14M
Price Tier
607 - 6,658
SqFt Range
1959
Year Build
1
Total Floors
Subdivision Amenities
None
Playground
Pool
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Riverside Park Communities in Fort Lauderdale, FL
High-End
High-End 1
Mid-Tier
Mid-Tier 4
Premium
Premium 2
Entry-Level
Entry-Level 2
Inactive Segment
Inactive Segment 1
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