640 SOUTH WEST 16TH AVE, Fort Lauderdale
$1,750,000 USD
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Address | 640 SOUTH WEST 16TH AVE, Fort Lauderdale |
Building Name | RIVERSIDE NO 2 |
Type of Property | Quadruplex |
Property Style | Quadruplex |
Price | $1,750,000 |
Previous Price | $1,900,000 (30 days ago) |
Property Status | Active |
MLS Number | A11658637 |
Living Area | 4855 |
Year Built | 1965 |
Parking Space Number | 4 |
Folio Number | 504209030061 |
Zoning Information | RM-15 |
Days on Market | 156 |
Detailed 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!
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Address Information
State | Florida |
City | Fort Lauderdale |
County | Broward County |
Zip Code | 33312 |
Address | 640 SOUTH WEST 16TH AVE |
Section | 9 |
Zip Code (4 Digits) | 7681 |
Financial Information
Price | $1,750,000 |
Price per Foot | $0 |
Previous Price | $1,900,000 |
Folio Number | 504209030061 |
Tax Amount | $12,682 |
Tax Year | 2023 |
Possession Information | Funding |
Full Descriptions
Detailed 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! |
How to Reach | East of I-95 north of David Blvd. |
Roof Description | Shingle |
Floor Description | Tile |
Cooling Description | Central Air |
Heating Description | Central |
Sewer Description | Public Sewer |
Property parameters
Living Area | 4855 |
Zoning Information | RM-15 |
Year Built | 1965 |
Type of Property | Quadruplex |
Style | Quadruplex |
Building Name | RIVERSIDE NO 2 |
Development Name | RIVERSIDE NO 2 |
Construction Type | CBS Construction |
Stories Number | 2.000 |
Street Direction | South West |
Parking Space Number | 4 |
Listed with | Real Estate Empire Group, Inc. |