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537 NW 16th Ave, Fort Lauderdale FL 33311

Multi-family For Sale
$600,000

BTC: 7.54716981

ETH: 246.71052632

3 days
0 room(s)
1,425 sqft

Overview

INVESTOR SPECIAL! MOTIVATED SELLER! Excellent investment opportunity in the heart of Fort Lauderdale! Located in the established Dorsey Park neighborhood, this property offers great potential for investors, renovators, and buyers looking to bring their vision to life. Conveniently located near downtown Fort Lauderdale, major highways, shopping, dining, and entertainment. Whether you’re looking to expand your investment portfolio or take on your next renovation project, this is an opportunity worth exploring. CASH OFFERS STRONGLY PREFERRED! However, seller is open to considering conventional, FHA, and VA financing, subject to property condition and lender approval. Seller is motivated and welcomes serious offers. Don’t miss this opportunity! Schedule your showing today! OWNER/AGENT: Seller is a licensed Florida Realtor.

Location

Florida • Fort Lauderdale • 33311 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1954
Lot:
No Data
Heating:
Other
Price/sqft:
$421
Cooling:
Paddle Fans
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$682,450
$577K – $1.2M
Confidence Low
List vs. estimate
$82K below estimate
List $600,000 · -12.1%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$421
+4.9% vs. city median $401
Based on
8 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,954
2025
Parking
4 spaces
All facts and features

  • Flooring

    • Tile

    Heating

    • Other

    Cooling

    • Paddle Fans

  • Other Property Information

    • Parcel Number: 504204250210

    • Zoning: RS-8

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • HOA Frequency: Annually

    • Annual tax amount: $6,954

  • Source details

    • MLS ID: A12111059

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Attached

    • Living Area: 1425

    • Subdivision Name: DORSEY PARK SECOND ADD

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33311
268
median $447K
Active
Same city
Fort Lauderdale
1,859
median $749K
Active
Same type
Multi-family
83
median $875K
Active
Similar price
$420K – $780K
493
median $560K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Iconic Realty and Associates