700 SW 16th Ave, Fort Lauderdale, FL 33312

Description of 700 SW 16th Ave, Fort Lauderdale, FL 33312

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.

Property Details for 700 SW 16th Ave, Fort Lauderdale, FL 33312

Flooring

Terrazzo, Vinyl

Heating

Central

Cooling

Central Air

Architectural Style

Detached

Pool Private

No

Year Built Details

Resale

Building Information for 700 SW 16th Ave, Fort Lauderdale, FL 33312

Building Name

RIVERSIDE NO 2

Building Area Total

3047

Building Area Units

Square Feet

Stories

1

Stories Total

1

Association

No

Property Information for 700 SW 16th Ave, Fort Lauderdale, FL 33312

Lot Features

Less Than 1/4 Acre Lot

Waterfront

No

View

No

Construction Materials

Concrete Block Construction, CBS Construction

Roof

Shingle

Sewer

Public Sewer

Water Source

Municipal Water

New Construction

No

Public Records for 700 SW 16th Ave, Fort Lauderdale, FL 33312

Parcel Number

504209030110

Tax Annual Amount

$15,271

Tax Year

2025

Tax Legal Description

RIVERSIDE NO 2 1-104 D LOT 13 W1/2 BLK A

Zoning

RM-15

County Or Parish

Broward County

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