Average square foot calculated using Size range provided by listing agent.
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.Show Description
MLS® NumberA11855351
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1970
Basement
Driveway
Garage Spaces
HeatCentral
A/CCentral Air
Heating Fuel
Extras
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