821 18th Ct #1-5 ,Apartments for Sale

821 18th Ct #1-5 for Sale

Price $2,000,000.00

• Lot size 8540
• Year Build 1975
• Waterfront Canal Width 1-80 Feet, Waterfront
• Zip 33305
• Style
• Parking Description
• Pool Yes
• Status Active

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.

LAUDERDALE PARK 6-33 1/2 B LOT 40,41 & LAND LYING BET SAID LOTS & RIVER BLK 19

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.

City:Fort Lauderdale,Zoning:RML-25,List A O R:A-Miami Association of REALTORS,Stories:2,Latitude:26.1520995,List Price:2000000,Listing Id:A11657946,Longitude:-80.135146,Mls Status:Active,Year Built:1975,Postal Code:33305,Street Name:18th Ct,Unit Number:1-5,Coordinates:1:26.1520995,Photos Count:2,Days On Market:1,Lot Size Units:Square Feet,M I A M I R E_ Area:3370,On Market Date:2024-09-11,Parcel Number:494235042502,Parking Total:11,Property Type:Commercial Sale,Stories Total:2,Street Number:821,Waterfront Y N:1,Public 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.,County Or Parish:Broward County,List Office Name:Union Street Partners, LLC,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:3823,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:NE,Tax Annual Amount:17308,Unparsed Address:821 NE 18th Ct # 5, Fort Lauderdale FL 33305,Listing Agreement:Exclusive Right To Sell,Building Area Total:4492,Building Area Units:Square Feet,Lot Size Square Feet:8540,Original List Price:2000000,Public Survey Range:49,I D X Participation Y N:1,Syndication 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.,Waterfront Features:1:Waterfront,Listing Contract Date:2024-09-11,Originating System I D:miamire,Public Survey Section:35,Showing Instructions:Call Listing Agent,Street Number Numeric:821,Tax Legal Description:LAUDERDALE PARK 6-33 1/2 B LOT 40,41 & LAND LYING BET SAID LOTS & RIVER BLK 19,Public Survey Township:49,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:5 unit waterfront property in Middle River Terrace submarket in Fort Lauderdale, Florida.,Contract Status Change Date:2024-09-11,Internet Address Display Y N:1,Number Of Units In Community:2,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,