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640 SW 16th AvenueFort Lauderdale, FL 33312

For Sale

$1,450,000

Smart Buyer Rebate $14,500

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 June 02, 2026

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Source: BeachesMLS #A11946433

Listing Facts

  • TypeMulti-family
  • NeighborhoodRiverside Park
  • Days on Prevu144
  • Taxes$16,160/year
  • Size4,855 sqft
  • Price per sqft$299

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

01/23/2026
Listed by Fausto Commercial Realty Consultants Inc
$1,450,000

Property Details for 640 SW 16th Avenue

Association

General

  • Number Of Units In Community: 4

Exterior

Construction

  • Number Of Units Total: 4
  • Property Condition: Resale
  • Roof: Shingle
  • Stories Total: 2
  • Structure Type: Multi Family
  • Year Built: 1976
  • Construction Materials: Block

Measurements

  • Building Area Total: 4,855

Financial

Residential Income

  • Gross Income: $11,310.00

Taxes

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

Interior

Features

  • Flooring: Other, Tile

Measurements

  • Living Area: 4,855

Other

Location

  • Subdivision Name: RIVERSIDE NO 2

Parking

Parking

  • Parking Total: 5

Schools

Elementary School

  • Elementary School: Croissant Park

High School

  • High School: Stranahan

Middle or Junior School

  • Middle Or Junior School: New River

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central, Separate Meters
  • Has Heating: Yes
  • Sewer: PublicSewer
  • Utilities: Cable Available
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

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

What schools are nearby to 640 SW 16th Avenue?

Nearby schools include the Croissant Park Elementary School, New River Middle School, and Stranahan High School.

Does this multi-family home have parking?

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

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

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

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

This multi-family home is listed 7% above the average price for multi-family homes in Riverside Park and has been on the market for 73 more 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 Avenue is a -bedroom multi-family home for sale in Fort Lauderdale FL 33312. On Prevu for 144 days at $1,450,000. This home 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. Nearby schools include Croissant Park Elementary School, New River Middle School, and Stranahan High School. Property amenities include pets allowed and parking. Browse more multi-family home listings in Fort Lauderdale.

Based on information from Beaches MLS 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.