608 SW 16th Ave Fort Lauderdale, FL 33312
MULTI_FAMILY - Other - Fort Lauderdale, FL
- Added:
- Jul 13, 2026
- Days on Market:
- 1
- Last Refresh:
- Jul 13 at 7:06 pm
Property Features for 608 SW 16th Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 12
- Rooms
- Bathroom 7, Bedroom 9, Bedroom 12, Bathroom 4, Bedroom 10, Bedroom 11, Bedroom 4, Bathroom 8, Bathroom 1, Bedroom 8, Bedroom 2, Bathroom 5, Bedroom 1, Bedroom 3, Bedroom 6, Bedroom 5, Bathroom 3, Bathroom 2, Bedroom 7, Bathroom 6
- Parking
- 5
- Security features
- Security
- Exterior features
- Security/High Impact Doors
- Standard status
- Active
- APN
- 504209030018
- Size
- 4,855 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- RIVERSIDE NO 2 1-104 D LOT 4 W 140 BLK A
- Tax Annual Amount
- 22023
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1970
- Floors in Building
- 2
- Flooring type
- Tile
- Building materials
- Block
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Cuindney Mantilla License #3325552 (203) 508-2407
Listing office IRG 1000 Brickell Ave Ste 1200-A, Miami, FL (305) 647-2663
Listing date Jul 13, 2026
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 608 SW 16th Ave in Fort Lauderdale, Florida 33312 (Broward County).
Key Highlights
- Fourplex with 4 units; each unit has 3 bedrooms and 2 bathrooms
- Shingle roof reported as 16 years old
- Central heating and central air conditioning
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $122.3k | $25.20 |
| − Vacancy | −$6.7k | −$1.39 |
| EGI | $115.6k | $23.81 |
| − OpEx | −$34.7k | −$7.14 |
| NOI | $80.9k | $16.67 |
