Commercial Real Estate Property For Sale In Fort Lauderdale

821 18th Ct Fort Lauderdale, FL 33305
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$2,000,000

  • 1975 Year Built
  • Sep 11, 2024 Listing Date

MLS #

:

A11657946

Price

:

$2,000,000

Status

:

Listing Date

:

Sep 11, 2024

Square Footage

:

Not Available

County

:

Broward County

Square Footage

:

Not Available

Year Built

:

1975

Taxes

:

$17,308 Per Year

Waterfront

:

No

Virtual Tour

:

click here to view virtual tour

 

Remarks

:

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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