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

Commercial For Sale
$2,000,000

BTC: 20.83333333

ETH: 595.23809524

101 days
Waterfront
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

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

Florida • Fort Lauderdale • 33305 • Commercial • For Sale • Waterfront

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1975
Lot:
8540 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data
All facts and features

  • Lot

    • Lot: 8540 Square Feet

    Other Property Information

    • Parcel Number: 494235042502

    • Zoning: RML-25

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $17,308

  • Source details

    • MLS ID: A11657946

    Other facts

    • Waterfront: Yes

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Union Street Partners, LLC