640 Sw 16th Ave, Fort Lauderdale, FL 33312

$1,450,000
4,855
SqFt

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List Price
$1,450,000
Price Change
▼ $50,000 1770407881
MLS#
A11946433
Sq. Ft
4,855
Subtype
Quadruplex
County
Broward
Community
Riverside No 2
Subdivision
Riverside No 2
Year Built
1976

Property Description

Rare opportunity to acquire an enormous 4,855 SF two-story fourplex featuring two 4-bed/2-bath units and two 3-bed/2-bath units with modern interiors, making it a true turn-key investment with plenty of upgrades throughout. The property generates $11,300/month with the owner occupying one unit, offering the option to lease back or move out at sale. All units are individually metered, and each has central air. The building is freshly painted, features impact windows, security cameras throughout, and a 10-year-old roof in excellent condition. Ideally located just minutes from Downtown Fort Lauderdale, major highways, Fort Lauderdale–Hollywood International Airport, and the beach, ensuring strong tenant demand and long-term rental appeal.

Additional Information

Status Label
ACTIVE
Total Unitsin Complex
4
Construction
Concrete Block Construction, CBS Construction
Cooling
Central Air
Flooring
Other, Tile
Heating
Central
Lot Description
Less Than 1/4 Acre Lot
Roof
Shingle
Taxes
$16,160
Total Floors
2
Stories
2
Roofing
Shingle
Price Per Sqft
$298

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Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing Courtesy Of Fausto Commercial Realty Consultants Inc, Contact: