821 NE 18th Ct #1-5 Active

Fort Lauderdale,FL 33305

$ 2000000

- Bed

0 Bath

4492 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,492 sqft

Price per Sqft $445

MLS Listing ID A11657946

Year Built 1975

Annual Tax Amount $17,308

Lot Size 8,540 Sqft

Property 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

State FL

County Broward

Area 3370

Exterior

Waterfront Description Canal Access,Other

Building

Story 2

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