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640 SW 16th Ave, Fort Lauderdale FL 33312,Fort Lauderdale,Broward County,Residential Income

$1,900,000

Residential Income Active

640 SW 16th Ave, Fort Lauderdale FL 33312

WhatsApp Pinterest Facebook Twitter Linkedin Email

Residential Income Active

640 SW 16th Ave, Fort Lauderdale FL 33312,Fort Lauderdale,Broward County,Residential Income

640 SW 16th Ave, Fort Lauderdale FL 33312

$1,900,000

Overview

Quadruplex
Property Type

4855
Square Feet

1965
Year Built

Description

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!

Address

Open on Google Maps

Address 16th Ave
City Fort Lauderdale
State/county Broward County
Zip/Postal Code 33312
Area RIVERSIDE NO 2

Details

Updated on April 25, 2025 at 1:19 am

Property ID: A11658637
Price: $1,900,000
Property Size: 4855 Square Feet
Year Built: 1965
Property Type: Quadruplex
Property Status: Residential Income

Additional details

StreetDirPrefix: SW
PublicSurveyRange: 50
ShowingInstructions: Appointment Only,Call Listing Agent
CoListAgentDirectPhone: 786-717-4184
ListAgentKey: 8fb23f28af5319d69ed2007c7ff17be4
TaxLegalDescription: RIVERSIDE NO 2 1-104 D LOT 8 W 140 BLK A
OnMarketDate: 2024-09-13
ListAgentEmail: [email protected]
ContractStatusChangeDate: 2024-09-13
MajorChangeTimestamp: 2025-04-24T22:45:29.327Z
Flooring: Tile
PhotosCount: 23
Cooling: Central Air
StatusChangeTimestamp: 2025-04-24T22:45:29.327Z
MIAMIRE_TypeofAssociation: None
TaxExemptions: Tax Reflects No Homestead Exemption
BuildingName: RIVERSIDE NO 2
CoListOfficeName: Real Estate Empire Group, Inc.
MIAMIRE_AdjustedAreaSF: 4855
PriceChangeTimestamp: 2024-12-30T13:37:20.210Z
ListingKeyNumeric: 400852230
MajorChangeType: Back On Market
ListingContractDate: 2024-09-13
CoListOfficeKey: 839c385a87e3b0727a0b15523d9c5864
Zoning: RM-15
ListAOR: A-Miami Association of REALTORS
MLSAreaMajor: Riverside No 2
TaxAnnualAmount: 12682
ListOfficeName: Real Estate Empire Group, Inc.
MIAMIRE_RATIO_CurrentPrice_By_SQFT: 391.35
OriginatingSystemKey: miamire
PhotosChangeTimestamp: 2025-01-08T02:29:51.080Z
OriginatingSystemName: Miami Association of REALTORS®
ListOfficePhone: 305-592-1588
MlsStatus: Active
StreetNumber: 640
CoListOfficeMlsId: EMPR01
ListingKey: 422f22ab7baf2877deb80e133b9c9417
StateOrProvince: FL
ShowingContactType: Agent
CoListAgentEmail: [email protected]
ListOfficeKey: 839c385a87e3b0727a0b15523d9c5864
Directions: East of I-95 north of David Blvd.
BridgeModificationTimestamp: 2025-04-24T22:45:35.235Z
ListAgentFullName: Mirella Schnars
Roof: Shingle
ParkingTotal: 8
ListAgentOfficePhone: 305-592-1588
Stories: 2
ParcelNumber: 504209030061
ListingTerms: All Cash,Conventional
YearBuiltDetails: Resale
OtherExpense: 0
Possession: Funding
CoListAgentOfficePhone: 305-592-1588
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
ListAgentMlsId: 3402676
StoriesTotal: 2
ModificationTimestamp: 2025-04-24T22:45:29.327Z
OriginatingSystemID: miamire
PreviousListPrice: 2300000
DaysOnMarket: 201
ListOfficeMlsId: EMPR01
ListAgentDirectPhone: 786-493-5488
CoListAgentFullName: Margette Stovall
CoListAgentKey: c8f62cbbeb627cae4200b8dad4cced46
StreetNumberNumeric: 640
CoListAgentStateLicense: 3441559
PostalCodePlus4: 7681
NumberOfUnitsInCommunity: 4
Sewer: Public Sewer
SyndicationRemarks: 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!
Heating: Central
MIAMIRE_LPAmtSqFt: 391.3491
StructureType: Quadruplex,Fourplex
ListAgentStateLicense: 3402676
CoListAgentMlsId: 3441559
PublicSurveyTownship: 50
StreetName: 16th Ave
ListOfficeFax: 305-592-8989
ListingAgreement: Exclusive Right To Sell
PublicSurveySection: 9
OriginalListPrice: 2300000
BuildingAreaUnits: Square Feet
RentIncludes: None
InternetEntireListingDisplayYN: 1
TaxYear: 2023
OriginalEntryTimestamp: 2024-09-13T17:09:13.373Z
SourceSystemKey: 400852230
LotFeatures: Less Than 1/4 Acre Lot
DocumentsAvailable: Copy Of Lease(S)
ConstructionMaterials: CBS Construction
MIAMIRE_Style: Fourplex
LotSizeSquareFeet: 0
ArchitecturalStyle: Detached
CoListOfficePhone: 305-592-1588
BuildingAreaTotal: 4855