Price Reduced 17.39%

$1,900,000 ($391.35 per sqft)

Est. Mortgage $9,733/mo *

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Price History

$2,300,000
9/13/2024

$1,900,000
12/30/2024

640 SW 16th Ave, Fort Lauderdale, FL, 33312

640 SW 16th Ave, Fort Lauderdale, FL, 33312
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1965

Fourplex

4,855 sqft

Exceptional investment opportunity!This beautifully renovated Fourplex in the highly sought-after Riverside Park neighborhood, just moments from Downtown Fort Lauderdale, offers an impressive rental potential. Property Highlights: Unit Breakdown: Two units featuring 3 bedrooms and 2 bathrooms each, and two units offering 4 bedrooms and 2 bathrooms each. Recently updated with fresh paint and modern finishes throughout. IMPACT WINDOWS, security cameras, and a convenient on-site laundry room. ROOF Only 10 years old, ensuring reliability and longevity. Located in a prime area with strong rental demand, this property combines updated amenities with a strategic location. Perfect for investors seeking a turnkey asset with excellent income potential. Don't miss out on this fantastic opportunity!

Status:

Active

Type:

Multi-family

Zoning:

RM-15

Subdivision:

RIVERSIDE NO 2

Heating:

Central

Cooling:

Central Air

Parking:

8-car

Est. Taxes:

$12,682

Construction

Block

Utilities

Cable Available

Lot Description:

< 1/4 Acre

Days on Market:

116

Pool:

None

MLS #:

A11658637

Community Info

School Info

Walk Score

Yelp

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Listing courtesy of REAL ESTATE EMPIRE GROUP, INC. Phone: 305-592-1588