1185 SW 16th Ave, Fort Lauderdale FL 33312

Pending

$1,140,000

1185 SW 16th Ave, Fort Lauderdale, FL 33312

bedrooms

bathrooms

square feet

1,502

Acreage

Open Houses

year built

1988

Full Baths

Half Baths

Find out more

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.

Location
Subdivision	Riverside Park Add Amen P
County	Broward
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: A11735110

Listing agent: Rosa Poler #3268052

Listing broker: Optimar Realty Group Llc (305) 947-0477

Copyright © 2025 MIAMI Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Friday, February 14 2025 at 5:02 p.m. EST

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