1,050,000(-5.24% )
3,047SqFt
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Details
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Status:
Active
Size: 3,047 SqFt (283 m2)
Price: $327/SqFt ($3,515/m2)
Type: Multi Family
Built: 1970
MLS Number: A11855351
On Site: 232 Days
Updated: 43 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
          Apples-to-Apples Comparables
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          Price History
          10/27/2025
          Date
          Price Reduced
          Event
          $995K
          Price
          -5.24%
          Change Rate
          $327 ft2 / $3,515 m2
          Price Per
          09/03/2025
          Date
          Price Reduced
          Event
          $1.1M
          Price
          -4.55%
          Change Rate
          $345 ft2 / $3,709 m2
          Price Per
          08/08/2025
          Date
          Listed
          Event
          $1.1M
          Price
          $361 ft2 / $3,886 m2
          Price Per
          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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