821 NE 18th Ct
$2,000,000
821 NE 18th Ct, Fort Lauderdale, FL 33305
For Sale
Multifamily
Active
Last Updated: 09/12/2024
4,492 sqft
Building Size
2
Units
Details:
Building Size: 4,492 sqft
Units: 2
Year Built: 1975
Floors: 2
Parking Spots: 11
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.
Location
Gallery
