Riverside No 2

$1,900,000

640 SW 16th Ave, Fort Lauderdale, FL 33312

For Sale

Multifamily Duplex / Triplex / Fourplex

Active

Last Updated: 04/25/2025

Details:

Building Size: 4,855 sqft

Units: 4

Year Built: 1965

Floors: 2

Parking Spots: 8

Gross Leaseable Area: 4,855

Offered by Realtor

Mirella Sanchez

Real Estate Empire Group, Inc.

#3402676

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Margette Stovall

Real Estate Empire Group, Inc.

#3441559

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Highlights:

Lot Features: Less Than 1/4 Acre Lot
Documents Available: Copy Of Lease(S)
Architectural Style: Detached
Cooling: Central Air
Heating: Central
Flooring: Tile
Construction Materials: CBS Construction

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!