$1,140,000
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1185 SW 16th Ave Fort Lauderdale, FL 33312
Fourplex
Residence
Beds
Baths
...
Bed/Bath
1,502
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
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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 $90...K+ 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.
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MLS#
A11735110
Property Type
Fourplex
Year Built
1988
Square Feet
1,502
sq. ft
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