640 SW 16th Avenue, Fort Lauderdale, FL 33312

$1,450,000
4,855
SqFt

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List Price
$1,450,000
MLS#
A11946433
Sq. Ft
4,855
Subtype
Quadruplex
County
Broward
Subdivision
Riverside No 2
Region
3470
Year Built
1976

Property Description

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.

Additional Information

Heating
Central, Separate Meters
Cooling
Central Air
Roof
Shingle
Sewer
Public Sewer
Water
Public
Parking Spaces
5
Flooring
Other, Tile
Construction
Block
Living Area
4,855
Elementary School
Croissant Park
Middle School
New River
High School
Stranahan

Listing courtesy of Fausto Commercial Realty Consultants Inc. Contact:

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