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

640 SOUTH WEST 16TH AVE, Fort Lauderdale

$1,750,000 USD
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Address640 SOUTH WEST 16TH AVE, Fort Lauderdale
Building NameRIVERSIDE NO 2
Type of PropertyQuadruplex
Property StyleQuadruplex
Price$1,750,000
Previous Price$1,900,000 (30 days ago)
Property StatusActive
MLS NumberA11658637
Living Area4855
Year Built1965
Parking Space Number4
Folio Number504209030061
Zoning InformationRM-15
Days on Market156

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
StateFlorida
CityFort Lauderdale
CountyBroward County
Zip Code33312
Address640 SOUTH WEST 16TH AVE
Section9
Zip Code (4 Digits)7681
Financial Information
Price$1,750,000
Price per Foot$0
Previous Price$1,900,000
Folio Number504209030061
Tax Amount$12,682
Tax Year2023
Possession InformationFunding
Full Descriptions
Detailed DescriptionExceptional 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 ReachEast of I-95 north of David Blvd.
Roof DescriptionShingle
Floor DescriptionTile
Cooling DescriptionCentral Air
Heating DescriptionCentral
Sewer DescriptionPublic Sewer
Property parameters
Living Area4855
Zoning InformationRM-15
Year Built1965
Type of PropertyQuadruplex
StyleQuadruplex
Building NameRIVERSIDE NO 2
Development NameRIVERSIDE NO 2
Construction TypeCBS Construction
Stories Number2.000
Street DirectionSouth West
Parking Space Number4
Listed withReal Estate Empire Group, Inc.