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$1,900,000
For Sale

640 SW 16th Ave

·

Broward

Listed on September 13, 2024

Quadruplex

MLS® # A11658637
Bedrooms
0 Beds
Bathrooms
0 Baths
Size
$4,855 sqft
Parkings
4
Maintenance Fees
-
Annual Tax
$12,682

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!

Real Estate Empire Group, Inc.

Features & Details

Learn about the features and details of 640 SW 16th Ave

Property Details

  • Property Type
    Quadruplex
  • Living Area
    4,855 sqft
  • Year Built
    1965
  • Lot Size
    -
  • Stories
    -
  • Annual Tax
    $12,682.00
  • List Date
    9/13/2024
  • Updated
    6/10/2025
  • Last Checked
    Recent
  • MLS Number
    #A11658637
  • Brokerage
    Real Estate Empire Group, Inc.
  • Postal Code
    33312
  • Area
    Broward
  • City
    Fort Lauderdale

Additional Property Features

  • Occupancy
    Tenant
  • List Price
    $1,900,000.00
  • Unit Number
    -
  • Construction
    Block
  • Heating
    Central
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    No
  • Pets Allowed
    No
  • Air Conditioning
    Central Air
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    None
  • Patio
    No
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
  • Property Manager
    -
  • Utilities Included
    None
  • Furnished
    No
  • Assessment Year
    2023
  • Assignment
    No
  • Extras Included
    None

Inside

  • Bedrooms & Baths
    0 Bed, 0 Bath
  • Ensuite
    Yes
  • Bathrooms
    0
  • Flooring
    Mixed

Price history

Learn about the price history of 640 SW 16th Ave

Virtual Tour

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Real estate trends

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Explore Broward

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Mortgage Calculator
Estimate monthly payments for 640 16th Ave
20.5%100%
Estimated Monthly Payment
$7,653
Cash Flow Analysis
Mortgage Payment:
$7,653
Monthly Payment:
$8,709.83
Break Even Down Payment:
100%
Cash Flow
$0

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About this property

Discover this beautiful quadruplex in the heart of Riverside Park, Fort Lauderdale. This well-appointed property offers 4,855 square feet of living space. Originally built in 1965. Offered at $1,900,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.

FAQs About 640 SW 16th Ave

Miami Association of REALTORS®
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
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640 SW 16th Ave