700 SW 16th Avenue, Fort Lauderdale, FL 33312

New Listing

$950,000

Single-story exterior featuring a white stucco facade, brick base detailing, grid-patterned windows, and a dedicated asphalt parking area

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12112046

Single-story exterior featuring a light-colored facade with masonry skirting, a paved parking area, and mature palm trees

Single-story exterior featuring white stucco siding with brick masonry base, grid-pattern windows, and a paved surface area

Exterior facade featuring painted stucco, stone masonry detailing, a designated asphalt parking area, and mature palm trees

Neutral-toned interior featuring wood-finish flooring, a ceiling fan with integrated lighting, and vertical window blinds

Kitchen featuring grey shaker-style cabinetry, white countertops, stainless steel appliances, a gooseneck faucet, and wood-finish flooring

Neutral-toned interior featuring wood-finish flooring and three six-panel interior doors

Room featuring wood-finish flooring, a neutral wall palette, and a ceiling fan with integrated lighting

Neutral-toned wall finish, wood-finish flooring, and white louvered bifold closet doors

Neutral-toned interior featuring wood-finish flooring, white door casings, and a wall-mounted digital thermostat

Room featuring wood-finish flooring, a six-panel door, vertical window blinds, and a ceiling fan with integrated lighting

Aerial view featuring a multi-unit residential property with dedicated surface parking, palm tree landscaping, and a distant cityscape skyline

Aerial perspective of residential structure featuring a composition shingle roof, asphalt parking area, and mature landscaping

Aerial perspective highlighting a multi-unit residential building with a flat roof structure and surrounding mature landscaping

Aerial perspective featuring a multi-unit residential structure with a shingled roof, situated among mature trees and established landscaping with an adjacent open-field track facility

Aerial perspective of property featuring mature tree canopy, paved parking, and proximity to metropolitan skyline

Aerial perspective featuring mature trees, a low-density residential setting, and proximity to an urban skyline

Aerial perspective highlighting the property location within a dense tree canopy, grid street layout, and proximity to the urban skyline

Aerial perspective of residential property featuring a single-story structure, expansive surrounding green space, and proximity to municipal athletic fields

Aerial perspective featuring a single-story structure with a pitched roof, situated within a landscaped parcel featuring mature palm trees and paved surface parking

Property Type: Residential Income Square Footage: 3,047 Status: Active

Current Price: $950,000 List Date: 11/03/2026 Last Modified: 11/03/2026

Overview

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.

Listing Details MLS# A12112046

General Property Information

Number Of Units Total: 4
Property Sub Type: Quadruplex
Building Area Main: 3047
Living Area Main: 3047
Adjusted Area Main: 3047
Year Built: 1970
Parking Total: 8
Stories Total: Yes
Pool Private YN: No

Property Features

Documents Available: Other Available Information; Rent Rolls Flooring: Terrazzo; Vinyl Property Condition: Resale Structure Type: Multi Family Construction Materials: Block; CBS Cooling: Central Air Heating: Central; Separate Meters Listing Terms: Cash; Conventional; Owner Will Carry; Other Possession: Negotiable Roof: Shingle Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Water Source: Public Showing Requirements: Call Listing Agent Unit 1 Parking Features: Open Parking Unit 2 Parking Features: Open Parking Unit 3 Parking Features: Open Parking Unit 4 Parking Features: Open Parking

Contract Information

Comp Sale YN: No
Original List Price: 950000

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 700
Street Direction Prefix: SW
Street Name: 16th
Street Suffix: Avenue
City Name: Fort Lauderdale
State Or Province: FL
Postal Code: 33312
Postal Code +4: 7684
Postal Zip: 33312
Subdivision Name: RIVERSIDE NO 2
Area: 3470
Geographic Area: FTSW - Ft Lauderdale SW (3470-3500;3570-3590)
Elementary School: Croissant Park
Middle Or Junior School: New River
High School: Stranahan
Parcel Number: 504209030110
Subdivision Number: 3
Zoning: RM-15
Flood Zone: AE

Financial Information

Tax Annual Amount: 15271
Tax Year: 2025
Tax Legal Description: RIVERSIDE NO 2 1-104 D LOT 13 W1/2 BLK A

Status Change Information

Major Change Timestamp: 2026-11-03T05:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-11-03

More Information

Income and Expenses

Gross Income: 6675

Unit 1 Details

Actual Rent: 1700
Baths Full: Yes
Efficiency YN: No

Unit 1 Lease Description

Currently Leased YN: Yes

Unit 2 Details

Actual Rent: 1650
Baths Full: Yes
Efficiency YN: No

Unit 2 Lease Description

Currently Leased YN: Yes

Unit 3 Details

Actual Rent: 1675
Baths Full: Yes
Efficiency YN: No

Unit 3 Lease Description

Currently Leased YN: Yes

Unit 4 Details

Actual Rent: 1650
Baths Full: Yes
Efficiency YN: No

Unit 4 Lease Description

Currently Leased YN: Yes

Price Calculations

Current Price To SqFt: 311.78

Section Details

Parcel Number MLX: 0110

Originating Details

Originating System Key: 568227618
Originating System ID: M00000151

Listing Office: Fausto Commercial Realty Consultants Inc

Last Updated: November - 03 - 2026

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700 SW 16th Avenue, Fort Lauderdale, FL 33312 (MLS# A12112046)