Overview

Property ID: A11946433

Quadruplex
Property Type

4855 Square Feet
Area Size

1976
Year Built

Description

Rare opportunity to acquire an enormous 4,855 SF two-story fourplex featuring two 4-bed/2-bath units and two 3-bed/2-bath units with modern interiors, making it a true turn-key investment with plenty of upgrades throughout. The property generates $11,300/month with the owner occupying one unit, offering the option to lease back or move out at sale. All units are individually metered, and each has central air. The building is freshly painted, features impact windows, security cameras throughout, and a 10-year-old roof in excellent condition. Ideally located just minutes from Downtown Fort Lauderdale, major highways, Fort Lauderdale–Hollywood International Airport, and the beach, ensuring strong tenant demand and long-term rental appeal.

Address

Open on Google Maps

Address: 16th Ave
City: Fort Lauderdale
State/county: Broward County
Zip/Postal Code: 33312
Area: RIVERSIDE NO 2

Details

Updated on August 3, 2026 at 11:48 pm

Property ID A11946433
Price $1,450,000
Property Size 4855 Square Feet
Year Built 1976
Property Type Quadruplex
Property Status Active, Residential Income

Additional details

ArchitecturalStyle Detached
BuildingAreaTotal 4855
BuildingAreaUnits Square Feet
BuildingName RIVERSIDE NO 2
ConstructionMaterials Concrete Block Construction, CBS Construction
ContractStatusChangeDate 2026-01-22
Cooling Central Air
DaysOnMarket 135
DocumentsAvailable Financial Statement, Other Available Information, Rent Rolls
ExpirationDate 2026-08-15
Flooring Other, Tile
Heating Central
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 954-743-7594
ListAgentEmail elevi@faustocommercial.com
ListAgentFullName Elior Levi
ListAgentKey 1935ebadec8c69d7a6e4620d2dae77a8
ListAgentMlsId 3574869
ListAgentOfficePhone 786-748-7373
ListAgentStateLicense 3574869
ListOfficeFax 305-675-0365
ListOfficeKey 7cfc112ff185580637392301ab94285c
ListOfficeMlsId FAUS01
ListOfficeName Fausto Commercial Realty Consultants Inc
ListOfficePhone 786-748-7373
ListingAgreement Exclusive Right To Sell
ListingContractDate 2026-01-22
ListingKey 1092f1b8c56a789f758ddb3a5ad6e2cd
ListingTerms All Cash, Conventional
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 0
MLSAreaMajor Riverside No 2
MajorChangeTimestamp February 6, 2026 at 01:48pm
MajorChangeType Price Decrease
MlsStatus Active
ModificationTimestamp June 1, 2026 at 04:17pm
NumberOfUnitsInCommunity 4
NumberOfUnitsTotal 4
OnMarketDate 2026-01-22
OriginalEntryTimestamp January 23, 2026 at 01:21am
OriginalListPrice 1500000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 504209030061
ParkingTotal 5
PhotosChangeTimestamp January 23, 2026 at 01:22am
PhotosCount 26
Possession Funding
PostalCode 33312
PostalCodePlus4 7681
PreviousListPrice 1500000
PriceChangeTimestamp February 6, 2026 at 01:48pm
PublicSurveyRange 50
PublicSurveyTownship 50
RentIncludes None
Roof Shingle
Sewer Public Sewer
ShowingContactType Agent
ShowingInstructions Call Listing Agent
SourceSystemKey 425424726
StateOrProvince FL
StatusChangeTimestamp January 23, 2026 at 01:21am
Stories 2
StoriesTotal 2
StreetDirPrefix SW
StreetName 16th Ave
StreetNumber 640
StreetNumberNumeric 640
StructureType Quadruplex, Fourplex
SyndicationRemarks Rare opportunity to acquire an enormous 4, 855 SF two-story fourplex featuring two 4-bed/2-bath units and two 3-bed/2-bath units with modern interiors, making it a true turn-key investment with plenty of upgrades throughout. The property generates $11, 300/month with the owner occupying one unit, offering the option to lease back or move out at sale. All units are individually metered, and each has central air. The building is freshly painted, features impact windows, security cameras throughout, and a 10-year-old roof in excellent condition. Ideally located just minutes from Downtown Fort Lauderdale, major highways, Fort Lauderdale–Hollywood International Airport, and the beach, ensuring strong tenant demand and long-term rental appeal.
TaxAnnualAmount 16160
TaxLegalDescription RIVERSIDE NO 2 1-104 D LOT 8 W 140 BLK A
TaxYear 2025
WaterSource Municipal Water
YearBuiltDetails Resale
Zoning RM-15