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$995,000

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
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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.

Full Property Details for 700 SW 16th Ave

General

  • Price: $995,000
  • Taxes: $14,125 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Greater_Miami
  • MLS ID: A11855351
  • Updated: 10/27/2025
  • Added to Site: 154 day(s) ago

Rental Information

  • Rent Includes: Hot Water, Gardener, Other Rent Incl, Pest Control, Sewer, Trash Collection, Water

Interior

  • Flooring: Tile, Vinyl

Parking

  • Total Spaces: 8

Location

  • Area: Riverside No 2
  • County: Broward County
  • Subdivision: RIVERSIDE NO 2
  • Building Name: RIVERSIDE NO 2

Community

  • Community Name: Riverside No 2
  • Units Assoc/Comm: 4

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Municipal Water

Structural Information

  • Architectural Style: Detached
  • Structure Type: Quadruplex, Fourplex
  • Detached/Attached: Detached
  • Construction: Concrete Block Construction, CBS Construction
  • Roof: Shingle
  • Stories/Levels: 1
  • Building Size: 3047
  • Square Feet: 3,047
  • Living Area: 3,047 Sq. Ft.
  • Year Built: 1970

Unit Information

  • Units in Complex: 4

Lot Features

  • Lot Features: Less Than 1/4 Acre Lot
  • Zoning: RM-15

Financial Considerations

  • Price Per Sq. Ft.: $326.55
  • Tax Amount: $14,125
  • Tax Year: 2024
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Documents Avail.: Other Available Information, Rent Rolls
  • Legal Description: RIVERSIDE NO 2 1-104 D LOT 13 W1/2 BLK A
  • Property ID: 504209030110

Listed by Fausto Commercial Realty Consultants Inc

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Listing agent

— 700 SW 16th Ave —

  • Fausto Commercial Realty Consultants Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 700 SW 16th Ave

School District:Broward County School District
NameGradesDistance
Croissant Park Elementary School
1800 Southwest 4th Avenue, Fort Lauderdale, FL 33315
K-51.4 mi
New River Middle School
3100 Riverland Road, Fort Lauderdale, FL 33312
6-82.2 mi
Stranahan High School
1800 Southwest 5th Place, Fort Lauderdale, FL 33312
9-120.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 700 SW 16th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/27/2025
Price Reduced
$995,000
-5.24%
MLS
9/03/2025
Price Reduced
$1,050,000
-4.55%
MLS
8/17/2025
Listed
$1,100,000
150.57%
MLS
3/09/2017
Sold
$439,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 700 SW 16th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$14,125
—
$782,860
2%
2024
$14,125
7%
$770,420
6%
2023
$13,209
28%
$729,610
42%
2021
$10,310
-10%
$513,340
-13%
2022
$11,495
11%
$589,510
49%
2021
$10,310
19%
$396,830
-1%
2019
$8,683
14%
$399,110
10%
2018
$7,611
38%
$362,830
15%
2017
$5,529
5%
$315,220
10%
2016
$5,261
16%
$286,180
69%
2015
$4,523
7%
$169,190
10%
2014
$4,224
9%
$153,810
10%
2013
$3,860
—
$139,830
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 700 SW 16th Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Fausto Commercial Realty Consultants Inc

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700 SW 16th Ave, Fort Lauderdale, FL 33312 (MLS# A11855351) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 700 SW 16th Ave is currently listed for $995,000 and was received on August 17, 2025. Want to learn more about 700 SW 16th Ave? Do you have questions about finding other Multi-Family real estate for sale in Fort Lauderdale? You can browse all Fort Lauderdale real estate or contact a Coldwell Banker agent to request more information.

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