RIVERSIDE NO 2
640 SW 16th Ave, Fort Lauderdale FL 33312
4,855 ft²
4,855
Sq. Ft.
1976
Year Built
2
Stories
135
Days on Market
Description
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.
Facts
- MLS#
- A11946433
- Subdivision
- RIVERSIDE NO 2
- Property Type
- Residential Income
- Property Sub Type
- Quadruplex
- Year Built
- 1976
- Lot Size
- 0 sqft
- Sq. Ft.
- 4,855 ft²
- Sq. Mt.
- 451 m²
- Price per sq. ft.
- $299/ft²
- Price per sq. mt.
- $3,215/m²
- Stories
- 2
- Garage
- —
- Pool
- —
- Days on Market
- 135 days
- Listed
- Jan 22, 2026
- Last Updated
- Jun 1, 2026
- Price/Lot Sq.Ft.
- —
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Same ZIP, similar price + bedrooms.
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Market insights for Fort Lauderdale
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
June 2026
27
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 2/6/2026 | Price change | $1,450,000-3.3% |
| 1/22/2026 | Listed for sale | $1,500,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Oxford AcademyUG · private · 0.4 mi
- Cardinal Gibbons High School
9,10,11,12 · private · 0.5 mi
- Christ Church School
PK,KG,1,2,3,4,5 · private · 0.5 mi
- Shepherd Of The Coast
KG,1,2,3,4,5,6,7,8 · private · 0.7 mi
- Westminster Academy
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.1 mi
- Floranada Elementary School
PK,KG,1,2,3,4,5 · public · 1.1 mi
- Kids in Action
PK,TK,KG,1,2,3 · private · 1.3 mi
- St. Mark's Episcopal School
PK,KG,1,2,3,4,5,6,7,8 · private · 1.4 mi
- Lighthouse Christian Academy
2,3,4,5,6,7,8,9,10,11,12 · private · 1.5 mi
- Oakland Park Elementary School
PK,KG,1,2,3,4,5 · public · 1.6 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$9,076/mo
Principal & Interest
$7,718
Property Tax
$1,208
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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