640 16th Ave ,Detached, Quadruplex, Riverside No 2 for Sale

640 16th Ave for Sale

Price $1,900,000.00

• Lot size 4855
• Year Build 1965
• Waterfront
• Zip 33312
• Style Detached
• Parking Description
• Pool Yes
• Status Active

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!

AGENTS CLICK : https://www.inforeeg.com/ Submit all offers with proof of funds. Text agent to schedule a showing 786-717-4184 or 786-493-5488. Please do not disturb tenant.

RIVERSIDE NO 2 1-104 D LOT 8 W 140 BLK A

Less Than 1/4 Acre Lot

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!

City:Fort Lauderdale,Zoning:RM-15,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2023,Latitude:26.1134397,Cooling Y N:1,Heating Y N:1,List Price:1900000,Listing Id:A11658637,Longitude:-80.1626636,Mls Status:Active,Year Built:1965,Directions:East of I-95 north of David Blvd.,Living Area:4855,Postal Code:33312,Street Name:16th Ave,Coordinates:1:26.1134397,Photos Count:23,Building Name:RIVERSIDE NO 2,Days On Market:161,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:3470,M L S Area Major:Riverside No 2,On Market Date:2024-09-13,Parcel Number:504209030061,Parking Total:8,Property Type:Residential Income,Stories Total:2,Street Number:640,M I A M I R E_ Style:Fourplex,Public Remarks: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!,Structure Type:1:Fourplex,County Or Parish:Broward County,List Office Name:Real Estate Empire Group, Inc.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:7681,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:SW,Subdivision Name:RIVERSIDE NO 2,Tax Annual Amount:12682,Unparsed Address:640 SW 16th Ave, Fort Lauderdale FL 33312,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:4855,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:391.3491,Original List Price:2300000,Previous List Price:2300000,Public Survey Range:50,I D X Participation Y N:1,Syndication Remarks: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!,Listing Contract Date:2024-09-13,Originating System I D:miamire,Public Survey Section:9,Showing Instructions:Appointment Only,Call Listing Agent,Street Number Numeric:640,Tax Legal Description:RIVERSIDE NO 2 1-104 D LOT 8 W 140 BLK A,Public Survey Township:50,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:4855,M I A M I R E_ Internet Remarks:INVESTORS OPPORTUNITY! FOURPLEX 2 UNITS 3/2 2 UNITS 4/2 IMPACT WINDOWS RENOVATED BUILDING AND UNITS!,Contract Status Change Date:2024-09-13,Internet Address Display Y N:1,Number Of Units In Community:4,M I A M I R E_ Ok To Advertise List:With Written Broker Approval,Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:391.35,