640 SW 16th Ave, Fort Lauderdale, FL 33312

$1,450,000
  • 640 SW 16th Ave, Fort Lauderdale, FL 33312 Main Photo

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Active
BEDS0 BATHS SQUARE FEET4,855 MLS#A11946433
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONRIVERSIDE NO 2

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.

640 SW 16th Ave | MLS# A11946433

This multi-family property located at 640 SW 16th Ave, Fort Lauderdale, FL 33312 is currently listed for sale with an asking price of $1,450,000. Search Fort Lauderdale real estate on www.adamscameron.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Home Style: Detached
Roof Type: Shingle
Stories: 2.0
Taxes: $16,160
Year Built: 1976

Feature Descriptions

Crops Included Y/N: No
Days on Site: 76
Exterior: Concrete Block Construction, CBS Construction
Flooring: Other, Tile
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: All Cash, Conventional
Lot: Less Than 1/4 Acre Lot
Parcel#: 504209030061
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Units: 4
Water: Municipal Water

Listed By / Shown By

Listed By

Agency Name: Fausto Commercial Realty Consultants Inc
Agency Phone: 786-748-7373

Shown By

Agency Title: Adams Cameron & Co. REALTORS
Agency Phone: 386-717-3445

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Estimated Payment

$ 9,487.09 per month $7,717.51 Principal & Interest $1,346.67 Property Tax $422.92 Homeowner's Insurance

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