Multifamily For Sale
821 Ne 18th Ct, Unit 1-5, Fort Lauderdale, FL 33305

$2,000,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11657946
  • Unit Number:1-5
  • List Price: $2,000,000
  • Taxes:$17,308
  • Year Built:1975
  • Waterfront:YES
  • Listing Date:September 11, 2024
  • Days On Market:72

Description


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.

Features


  • Waterfront:CanalAccess, Other
  • Floor:
  • Exterior Feature:

Location


Price History


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker