New - 5 days on RocketVideo tour
$10,000 Closing Credit¹
Eli Jacoby, Listing Office: The Brokerage South Florida Real Estate, LLC.
$10,000
closing credit¹
640 SW 16th Ave Fort Lauderdale, FL 33312
$1,900,000 List price
$10,000
Closing credit¹
4,855 sqft
$391 / sqft
Multi-Family
Property details
About 640 SW 16th Ave
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!
Highlights
Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air
Size4,855 sqft
Year built1965
MLS #A11658637
Virtual tour
Summary
- MLS Number: A11658637
- MLS Name: SEFMIAMI
- Office Name: Real Estate Empire Group, Inc.
- Office Phone: (305) 592-1588
- Office Email: linda@realestateempire.com
- Listing Agent: Mirella Schnars PA
© 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: 1/19/2025, 9:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,900,000
640 SW 16th Ave
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
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Nearby schools
2
North Fork Elementary School
Public Magnet PK-5
0.7 mi
•101 NW 15th Ave
6
Riverland Elementary School
Public Magnet PK-5
0.9 mi
•2600 SW 11th Ct
1
Walker Elementary School
Public Magnet PK-5
1.0 mi
•1001 NW 4th St
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. Most Fort Lauderdale, FL residents have annual incomes less than $<35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
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
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This home is located at 640 SW 16th Ave in Fort Lauderdale, FL and zip code 33312 in the Riverside Park neighborhood. This 4,855 square foot home was built in 1965. Features: 0 bathroom. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $1,900,000.
In December 2024 more than 17 listings in Fort Lauderdale, FL were sold above the asking price. During the same period more than 10 listings were sold at asking price, while more than 85 were sold below. The number of homes for sale in Fort Lauderdale, FL increased by 7.9% between November and December 2024. The median list price of listings available in December 2024 was $479,341, while the average time on the real estate market was 71 days.
From Rocket Homes Real Estate and based on county public records data.