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For Sale

821 18th Ct, Unit 1-5, Fort Lauderdale, Florida 33305

$2,000,000
5 Unit waterfront building in desirable Middle River Terrace submarket in Fort Lauderdale. Great unit mix. 3 - 2 BR, 2 - 1 BR. 1/2 mile to downtown Wilton Manors. Property is concrete block. Central AC. Great value add opportunity. In place ownership for 27 years with current rents well below market. Underlying land value significant and allows construction of 4 units. A new owner could increase rents and bring to current market, potentially operate as short and mid term rental or lastly build new waterfront units.
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Details

    • Property Type: Commercial
    • Property SubType: Multi Family
    • Listing Type: For Sale
    • Listing ID: A11657946
    • Price: $2,000,000
    • View: Intercoastal,ocean,pool
    • Bedrooms: 0
    • Bathrooms: 0
    • Half Bathrooms: 0
    • Square Footage: 0 Sqft
    • Year Built: 1975
    • Status: Active
    • Original Property Type: Commercial Sale

Features

Location

    • Country US
    • State FL
    • County Broward
    • City Fort Lauderdale
    • Zipcode 33305
    • Neighborhood: Fort Lauderdale
    • Street: 18th Ct
    • Street Number: 821
    • Floor Number: 0
    • Unit No.: 1-5
    • Longitude: W81° 51' 52.6''
    • Latitude: N26° 9' 6.1''

Additional Info

    • Stories: 2

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