Video tour
$8,301 Closing Credit¹
#A11631699, Nicolas Jodin, Listing Office: Beycome of Florida LLC
$10,000
closing credit¹
1185 SW 16th Ave Fort Lauderdale, FL 33312
$1,140,000 List price
$10,000
Closing credit¹
1,502 sqft
$759 / sqft
Multi-Family
Property details
About 1185 SW 16th Ave
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.
Highlights
Home typeQuadruplex
HeatingElectric
StatusActive
CoolingElectric
Size1,502 sqft
Year built1988
MLS #A11735110
Virtual tour
Summary
- MLS Number: A11735110
- MLS Name: SEFMIAMI
- Office Name: Optimar International Realty
- Office Phone: (305) 947-0477
- Office Email: cristina@optimar.com
- Listing Agent: Rosa Poler
© 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 7:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,140,000
1185 SW 16th Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
6
Riverland Elementary School
Public Magnet PK-5
0.8 mi
•2600 SW 11th Ct
2
North Fork Elementary School
Public Magnet PK-5
1.1 mi
•101 NW 15th Ave
6
Croissant Park Elementary School
Public District KG-5
1.2 mi
•1800 SW 4th Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $28,125. Typical income of Fort Lauderdale, FL residents is less than $<35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
58%
<35k
30%
35k-100k
8%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
59%
Single, No Kids
20%
Single, with Kids
11%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
7%
12-17 yrs old
29%
18-34 yrs old
43%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Popeyes
What do the neighbors drive?
Honda
Kia
Nissan
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary- Soft Adult Contemporary
All data provided by Home Junction and Claritas
Similar homes for sale
Video tour
$10,000 Closing Credit¹
#A11729654, Cameron Stapleton, Listing Office: Fidelity Real Estate LLC
Video tour
$7,124 Closing Credit¹
#RX-11010453, Alex D Seehaver, Listing Office: Home Free Today Realty
Video tour
$9,441 Closing Credit¹
#A11631854, Elaine Gennaro, Listing Office: EXP Realty LLC
Video tour
$10,000 Closing Credit¹
#A11588521, Sarkis Anac, Listing Office: Anac Global Realty, LLC
$5,937 Closing Credit¹
#RX-11048771, Mathew Emanuele, Listing Office: Keller Williams Realty Services
Video tour
$10,000 Closing Credit¹
#A11657601, Adam Redolfi, Listing Office: Alure Capital
Video tour
$8,906 Closing Credit¹
#A11633702, Albert Van Zyl, Listing Office: The Corcoran Group
Video tour
$10,000 Closing Credit¹
#A11658637, Mirella Schnars PA, Listing Office: Real Estate Empire Group, Inc.
Video tour
$8,906 Closing Credit¹
#A11633714, Albert Van Zyl, Listing Office: The Corcoran Group
This home is located at 1185 SW 16th Ave in Fort Lauderdale, FL and zip code 33312 in the Riverside Park neighborhood. This 1,502 square foot home was built in 1988. Features: 0 bathroom. It has been listed on Rocket Homes since February 3, 2025 and is currently priced at $1,140,000.
In January 2025 more than 3 listings in Fort Lauderdale, FL were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 70 were sold below. The number of homes for sale in Fort Lauderdale, FL increased by 18.9% between December and January 2025. While the average time on the market in January 2025 was 84 days, the median list price was $481,312.
From Rocket Homes Real Estate and based on county public records data.