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