South Florida
Riverside Park, 640 SW 16th Ave, Fort Lauderdale, FL 33312
1,900,000(-7.89% )
Details
Save
Status:
Active
Size: 4,855 SqFt (451 m2)
Price: $360/SqFt ($3,880/m2)
Type: Multi Family
Built: 1965
MLS Number: A11658637
On Site: 345 Days
Updated: 53 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
Price History
07/02/2025
Date
Price Reduced
Event
$1.8M
Price
-7.89%
Change Rate
$360 ft2 / $3,880 m2
Price Per
12/30/2024
Date
Price Reduced
Event
$1.9M
Price
-17.39%
Change Rate
$391 ft2 / $4,212 m2
Price Per
09/12/2024
Date
Listed
Event
$2.3M
Price
$474 ft2 / $5,099 m2
Price Per
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 .
Instant Comps
$100/ft²
$300/ft²
$700/ft²
$1,100/ft²
Unit 640 SW 16th Ave – Asking
$360/ft²
(-21%) 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.
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Riverside Park Communities in Fort Lauderdale, FL
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