22
700 SW 16th Ave
$1,100,000 Sale
Listed 2 days ago
· 0
· 0
· 8
· 3047
Key Facts
Key facts for 700 SW 16th Ave
Property Type
Apartment, Fourplex
Parking
8 parking
MLS #
A11855351
Size
3047 sqft
Basement
-
Listed on
-
Lot size
-
Tax
$14,125 /yr
Days on Market
-
Year Built
1970
Maintenance Fee
-
Description
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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Listing courtesy of: Fausto Commercial Realty Consultants Inc