$950,000

Quadruplex In Fort Lauderdale

  • 3,047 Sqft
  • Updated: November 3
  • Source:
    MIAMI REALTORS MLS  MLS#A12112046

About the 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,
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.
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  • Property type

    Other

  • Floors

    1

  • Year built

    1970

  • Price/sqft

    $311

Features

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700 SW 16th Ave, Fort Lauderdale, Florida, United States View on Google Maps
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Fausto Commercial Realty Consultants Inc - Miami

Joined 12 months ago
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Fausto Commercial Realty Consultants Inc - Miami
Florida, United States
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28
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2025
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Fausto Commercial Realty Consultants Inc - Miami
Miami, Florida, United States
View agency profile
Last updated
November 3
First listed
November 3
Listing reference
A12112046
Listing status
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