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.
For sale
$950,000
700 SW 16th Ave, Fort Lauderdale, FL 33312
8beds
4baths
3,047sqft
Quadruplex
Built in 1970
-- sqft lot
$903,900 Zestimate®
$312/sqft
$-- HOA
What's special
Central ac
- 2 days
- 92
- 14
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Elior Levi 954-743-7594,
Fausto Commercial Realty Consultants Inc
Source: MIAMI,MLS#: A12112046
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Central
Cooling
- Central Air
Features
- Flooring: Terrazzo, Vinyl
Interior area
- Total structure area: 3,047
- Total interior livable area: 3,047 sqft
Video & virtual tour
Property
Parking
- Total spaces: 8
Features
- Stories: 1
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 504209030110
- Zoning: RM-15
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Concrete Block Construction, CBS Construction
- Roof: Shingle
Condition
- Year built: 1970
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & HOA
Community
- Subdivision: Riverside No 2
HOA
- Has HOA: No
Location
- Region: Fort Lauderdale
Financial & listing details
- Price per square foot: $312/sqft
- Annual tax amount: $15,271
- Date on market: 11/3/2026
- Listing terms: All Cash,Conventional,Owner Will Carry
Estimated market value
$903,900
$859,000 - $949,000
$3,167/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/3/2026 | Listed for sale | $950,000-4.5%$312/sqft |
Source: | ||
| 7/20/2026 | Listing removed | $995,000$327/sqft |
Source: | ||
| 10/27/2025 | Price change | $995,000-5.2%$327/sqft |
Source: | ||
| 9/3/2025 | Price change | $1,050,000-4.5%$345/sqft |
Source: | ||
| 8/17/2025 | Listed for sale | $1,100,000+150.6%$361/sqft |
Source: | ||
| 3/10/2017 | Sold | $439,000-1.3%$144/sqft |
Source: | ||
| 2/24/2017 | Pending sale | $445,000$146/sqft |
Source: Fidelity Real Estate Group LLC #F10050992 Report a problem | ||
| 2/6/2017 | Listed for sale | $445,000$146/sqft |
Source: Fidelity Real Estate Group LLC #F10050992 Report a problem | ||
| 10/4/2014 | Listing removed | $900 |
Source: Go Section8 Report a problem | ||
| 9/6/2014 | Listed for rent | $900 |
Source: Go Section8 Report a problem | ||
Public tax history
Tax history is unavailable.
Find assessor info on the county website
Monthly payment
Est. payment






