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
Price:
$950,000
MLS #:
A12112046
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
RIVERSIDE NO 2
Neighborhood:
riversideno2
Listed Date:
Nov 3, 2026
Finished Sq Ft:
3,047
Total Sq Ft:
3,047
Year Built:
1970
See this Listing
Schools
Interior
Cooling
Central Air
Flooring
Terrazzo, Vinyl
Heating
Central
Exterior
Architectural Style
Detached
Construction Materials
Concrete Block Construction, CBS Construction
Lot Features
Less Than 1/4 Acre Lot
Parking Spots
8
Parking Total
8
Roof
Shingle
Stories
1
Financial
Tax Year
2025
Taxes
$15,271
Map
Community
- Address700 SW 16th Ave Fort Lauderdale FL
- SubdivisionRIVERSIDE NO 2
- CityFort Lauderdale
- CountyBroward County
- Zip Code33312
Market Summary
Current real estate data for Multi Family in Fort Lauderdale as of Nov 04, 2026
86
Multi Family Listed
120
Avg DOM
449
Avg $ / SqFt
$1,254,372
Avg List Price
Property Summary
- Located in the RIVERSIDE NO 2 subdivision, 700 SW 16th Ave Fort Lauderdale FL is a Multi Family for sale in Fort Lauderdale, FL, 33312. It is listed for $950,000 To schedule a showing of MLS#a12112046 at 700 SW 16th Ave in Fort Lauderdale, FL, contact your CENTURY 21 Carioti agent at 2392986550.
Similar Listings Nearby

700 SW 16th Ave
Fort Lauderdale, FL
