821 NE 18th Ct # 5, Fort Lauderdale FL 33305

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.

This income/multifamily home located at 821 NE 18th Ct # 5, Fort Lauderdale FL 33305 is currently for sale and has been available on Brickellsold for 111 days. This property is listed at $2M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 1975. 821 NE 18th Ct # 5, Fort Lauderdale FL 33305 is in Fort Lauderdale neighborhood Broward County.