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640 SW 16th AveFort Lauderdale, FL 33312

For Sale

$1,500,000

Smart Buyer Rebate $15,000

Rare opportunity to acquire an enormous 4,855 SF two-story fourplex featuring two 4-bed/2-bath units and two 3-bed/2-bath units with modern interiors, making it a true turn-key investment with plenty of upgrades throughout. The property generates $11,300/month with the owner occupying one unit, offering the option to lease back or move out at sale. All units are individually metered, and each has central air. The building is freshly painted, features impact windows, security cameras throughout, and a 10-year-old roof in excellent condition. Ideally located just minutes from Downtown Fort Lauderdale, major highways, Fort Lauderdale–Hollywood International Airport, and the beach, ensuring strong tenant demand and long-term rental appeal.

Listed by Elior Levi

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License #3574869

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Fausto Commercial Realty Consultants Inc

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954-743-7594

Last updated January 23, 2026

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Source: MIAMIRE #A11946433

Listing Facts

  • TypeMulti-family
  • NeighborhoodRiverside Park
  • Days on Prevu8
  • Taxes$16,160/year
  • Size4,855 sqft
  • Price per sqft$309

Amenities

  • Pets Allowed
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

01/22/2026
Listed by Fausto Commercial Realty Consultants Inc
$1,500,000

Property Details for 640 SW 16th Ave

Association

General

  • Number Of Units In Community: 4

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Shingle
  • Stories: 2
  • Stories Total: 2
  • Structure Type: Quadruplex, Fourplex
  • Year Built: 1976
  • Year Built Details: Resale
  • Architectural Style: Detached
  • Building Name: RIVERSIDE NO 2
  • Construction Materials: Concrete Block Construction, CBS Construction

Measurements

  • Building Area Total: 4,855
  • Building Area Units: Square Feet
  • Lot Features: Less Than 1/4 Acre Lot
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 504209030061
  • Tax Annual Amount: $16,160.00
  • Tax Year: 2025

Interior

Features

  • Flooring: Other, Tile

Measurements

  • Living Area: 4,855
  • Living Area Units: Square Feet

Other

Location

  • Subdivision Name: RIVERSIDE NO 2

Parking

Parking

  • Parking Total: 5

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Municipal Water

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 640 SW 16th Ave.

Does this multi-family home have parking?

Yes, there are 5 parking spaces available for 640 SW 16th Ave.

What are the annual taxes for 640 SW 16th Ave?

Annual taxes for this multi-family home are estimated at $16,160.

How does 640 SW 16th Ave compare to other multi-family homes in Riverside Park?

This multi-family home is listed 10% above the average price for multi-family homes in Riverside Park and has been on the market for 63 less days than the typical home in this area.

What building or home owners association is the multi-family home part of?

This multi-family home is in the RIVERSIDE NO 2 building.

What is the square footage on this multi-family home?

According to the MLS, this listing is 4,855 sqft.

640 SW 16th Ave is a -bedroom multi-family home for sale in Fort Lauderdale FL 33312. Listed on Prevu for 8 days at $1,500,000. This property features 4,855 square feet of living space, located in Riverside Park. The median listing price for multi-family homes in this area is $1,032,000. Property amenities include pets allowed, air conditioning, and parking. Explore more multi-family home listings in Fort Lauderdale.

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.