Multifamily in Fort Lauderdale, FL 33312
Riverside Park, 640 SW 16th Ave #1-4

$1.5M3.3%
$1,450,000
4,855
SqFt
Status
OFF MARKETExpired
Size
4,855 SqFt (451 m2)
Price
$299/SqFt ($3,215/m2)
Type
Multifamily
Built
1976
MLS Number
A11946433
On Site
232 Days
Updated
102 Days ago
Page Views
0
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 International Airport, and the beach, ensuring strong tenant demand and long-term rental appeal.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: CentralAir
        Building and Construction
        • Floor Description: Other,Tile
        • Year Built: 1976
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2026-01-22T20:21:02.000-00:00
          Taxes, Fees & More
          • Taxes: 16160

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          Price History

          Current
          $1.5M
          High
          $1.5M
          Low
          $1.5M
          Total Change
          -3.3%
          $1.5M$1.5M$1.4MJan 26Feb 26
          Date
          Event
          Price
          Change
          Price Per
          02/06/2026
          Price Reduced
          $1.5M
          -3.33%
          $299 ft2
          $3,215 m2
          01/15/2026
          Listed
          $1.5M
           
          $309 ft2
          $3,326 m2
          02/06/2026
          $1.5M
          Event
          Price Reduced
          Change
          -3.33%
          Price Per
          $299 ft2
          $3,215 m2
          01/15/2026
          $1.5M
          Event
          Listed
          Price Per
          $309 ft2
          $3,326 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Elior Levi • Fausto Commercial Realty Consultants Inc • Buyer Agency Compensation .

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          Scores

          Walk Score®
          Car-Dependent. Most errands require a car
          46

          100
          Transit Score®
          Some Transit. A few nearby public transportation options
          38

          100
          Bike Score®
          Bikeable. Some bike infrastructure
          65

          100
          Sound Score®
          Bearable noise
          77

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          29

          100
          Local Score
          Limited local amenities nearby
          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

          Fort Lauderdale
          Mid-Tier
          Mid-Tier Homes & Condos

          Riverside Park Communities in Fort Lauderdale, FL