$950,000

700 SW 16TH AVE, FORT LAUDERDALE, FL 33312

0 baths3,047 sq ft2 to 4 unitsBuilt 1970
Updated today, November 3, 2026

This home against Riverside Park

$312 per sq ft, 33% under the Riverside Park median
1 day on the market
$15,271 in property taxes (2025)

Riverside Park today: 24 homes for sale, median list price $834,950.

About this home

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.

Zoned schools

Elementary: Croissant Park Elementary School
Middle: New River Middle School
High: Stranahan High School

From Broward County Public Schools attendance zones.

Near this home

Park: Coontie Hatchee Landing, 0.3 mi
Grocery: Walmart Supercenter, 0.9 mi

Distances from the center of Riverside Park, FORT LAUDERDALE.

Listing courtesy of Fausto Commercial Realty Consultants Inc. MLS# A12112046.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed November 1, 2026.

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