2
  • Property Type
  • Multi-family
  • 4
  • Units
  • 4,855 ft²
  • Area Size
  • 7,000 ft²
  • Land Area
Turnkey Fort Lauderdale Fourplex
  • $1,500,000

Details

Updated on February 27, 2026 at 5:04 pm
  • Property ID FC-35454
  • Price $1,500,000
  • Property Size 4,855 ft²
  • Land Area 7,000 ft²
  • Units 4
  • Property Type Multi-family
  • Property Status For Sale

Description

Rare opportunity to acquire a beautifully renovated 4,855 SF fourplex on a 7,000 SF lot with strong rental demand and excellent income potential, featuring two 3-bed/2-bath units and two 4-bed/2-bath units with spacious layouts and modern finishes, making it a true turn-key investment. The property currently generates a GOI of $103,320 with a pro forma GOI of $156,000, offering clear upside; one unit is owner-occupied, allowing flexibility for buyer occupancy or lease-up at market rent to boost cash flow. Ideally located approximately 5 minutes from major highways and Downtown Fort Lauderdale, 10 minutes from Fort Lauderdale–Hollywood International Airport, and 10 minutes from the beach, ensuring excellent accessibility and long-term tenant appeal.

Property Documents

640 SW 16th AAVE-ELEVI-FLYER-3-compressed
  • Address: 640, Southwest 16th Avenue, Fort Lauderdale, Broward County, Florida, 33312, United States
  • City: Fort Lauderdale
  • State/county: Broward County
  • Zip/Postal Code: 33312

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