1185 SW 16th Ave

Fort Lauderdale, FL 33312

  • 8 Bed(s)
  • 8 Bath(s)
  • 1,502 Sqft
$1,140,000

Description

New listing – prime multifamily investment opportunity in fort lauderdale
discover an exceptional chance to secure a profitable asset in a rapidly developing neighborhood. this property features two standalone buildings, each offering two spacious 2br/2ba units (four total). currently generating $90k+ in annual income and approximately $70k in noi (a 6%+ cap), this investment has clear upside potential with nearby comps suggesting $110k+ in possible annual income after upgrades.each building boasts 1,502 sf of well-maintained living space, set on a combined 9,220 sf lot. surrounded by new developments in a gentrifying location, this is a rare opportunity to add value through modern renovations and strategic improvements.

  • Property Type

    ResidentialIncome

  • Subdivision

    Riverside Park Add Amen P

  • County

    Broward

  • Style

    Fourplex

  • AD ID

    48503548

Sell a home like this and save $67,901 Find Out How

Statistics Bottom Ads 1
Google Ads

Property Details

Statistics Bottom Ads 2
Google Ads
Sidebar Ads 1
Google Sidebar Ads
Learn More about this Property
Message allows only 500 character
Sidebar Ads 2
Google Sidebar Ads
Sidebar Ads 2
Google Sidebar Ads

BuyOwner last updated this listing 02/22/2025 @ 17:58

  • MLS: A11735110
  • LISTING PROVIDED COURTESY OF: Rosa Poler, Optimar International Realty
  • SOURCE: SEFMIAMI

is a Home, with 8 bedrooms which is recently sold, it has 1,502 sqft, 1,502 sized lot, and 0 parking. are nearby neighborhoods.