About This Property

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.

Key Features

• Built in 1970

Property Details

• Type: Single Family Home
• Year Built: 1970
• Sq Ft: 3,047
• Price / Sq Ft: $312
• HOA: Contact Agent
• Bedrooms: 0
• Bathrooms: 0
• Feature: Built in 1970
• Status: Active
• MLS Number: 1194369339
• Days on Market: 0
• Listed By: Fausto Commercial Realty Consultants Inc · Elior Levi
• Zip Code: 33312