Multifamily in Fort Lauderdale, FL 33312
Riverside Park, 700 SW 16th Ave #1-4

$1.1M9.5%
$995,000
3,047
SqFt
Status
OFF MARKETExpired
Size
3,047 SqFt (283 m2)
Price
$327/SqFt ($3,515/m2)
Type
Multifamily
Built
1970
MLS Number
A11855351
On Site
390 Days
Updated
80 Days ago
Page Views
0
Rare investment opportunity in Fort Lauderdale — a 4-unit apartment complex at 700 SW 16th Ave. This 3,047 SF building on a spacious 10,000 SF lot includes four large and spacious 2-bedroom, 1-bath units. Each unit features central AC and individual electric meters. The property currently generates $6,700 in monthly rental income, with strong upside potential to increase rents to approximately $8,800 per month when adjusted to market rates. Ideally located minutes from I-95, Fort Lauderdale-Hollywood International Airport, downtown, and the beach, this property offers excellent access and sits in one of South Florida’s fastest-growing markets.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: CentralAir
        Building and Construction
        • Floor Description: Tile,Vinyl
        • Year Built: 1970
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2025-08-17T14:41:10.000-00:00
          Taxes, Fees & More
          • Taxes: 14125

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          Price History

          Current
          $995K
          High
          $1.1M
          Low
          $995K
          Total Change
          -9.5%
          $1.1M$1M$982KAug 25Sep 25Oct 25Oct 25
          Date
          Event
          Price
          Change
          Price Per
          10/27/2025
          Price Reduced
          $995K
          0%
          $327 ft2
          $3,515 m2
          10/27/2025
          Price Reduced
          $995K
          -5.24%
          $327 ft2
          $3,515 m2
          09/03/2025
          Price Reduced
          $1.1M
          -4.55%
          $345 ft2
          $3,709 m2
          08/08/2025
          Listed
          $1.1M
           
          $361 ft2
          $3,886 m2
          10/27/2025
          $995K
          Event
          Price Reduced
          Change
          0%
          Price Per
          $327 ft2
          $3,515 m2
          10/27/2025
          $995K
          Event
          Price Reduced
          Change
          -5.24%
          Price Per
          $327 ft2
          $3,515 m2
          09/03/2025
          $1.1M
          Event
          Price Reduced
          Change
          -4.55%
          Price Per
          $345 ft2
          $3,709 m2
          08/08/2025
          $1.1M
          Event
          Listed
          Price Per
          $361 ft2
          $3,886 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Elior LeviFausto 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