This building is perfect for section 8. Section pays for this Zip code $3,047. That brings in $146K gross and about $115K Net. It consist of four units of 3 bedrooms 2 Bathrooms of 1,200 SF each. Two closets of laundry. 6 parking spaces total. Freshly painted . Impact windows. CAP of 7%.
Miami Residential Group
Multifamily building with four units, each featuring 3 bedrooms and 2 bathrooms, approximately 1,200 sq ft per unit
Total building area is 4,855 sq ft, constructed in 1970
Located in Riverside Park neighborhood of Fort Lauderdale
Parking includes 6 total spaces for residents
Building equipped with central air conditioning system
Features impact-resistant windows installed
Includes two laundry closets for shared use
Outdoor swimming pool available for residents
Recent updates include fresh exterior and interior paint
Property suited for Section 8 rentals with current gross income around $146,000 annually and a net income of about $115,000
Miami Residential Group
Features & Details
Learn about the features and details of 608 SW 16th Ave
Discover this exceptional quadruplex in the heart of Riverside Park, Fort Lauderdale. This well-appointed property offers 4,855 square feet of living space. Originally built in 1970. Offered at $1,650,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.
FAQs About 608 SW 16th Ave
What is the square footage of this property?
608 SW 16th Ave, MLS® A11911327 has a size of 4855 sqft.
How many bedrooms and bathrooms does this home have?
There are bedrooms and bathrooms in this Multifamily at 608 SW 16th Ave, MLS® A11911327.
Does this property have parking available?
Yes, there is parking available with 4 spot(s).
What are annual taxes for 608 SW 16th Ave?
Annual taxes for this home are $19,378 based on 2025 tax year reports.
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