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1236 NE 18th Ave, Fort Lauderdale FL 33304

Multi-family For Sale
$1,499,000

BTC: 23.42187500

ETH: 832.77777778

-$91K (2026/06/01)
23 days
Waterfront
0 room(s)
3,569 sqft

Overview

One-of-a-kind lakefront triplex in Lake Ridge offering nearly 3,500 SF under air with a highly versatile layout and exceptional income potential. The front residence features a spacious 2-bedroom, 2-bathroom layout with its own private patio. The rear portion of the property is currently configured as a full 3-bedroom, 3-bathroom residence, connected internally for seamless living. It can easily be reconfigured by closing off a doorway to create a 2-bedroom, 2-bathroom unit plus a separate studio apartment—ideal for maximizing rental income or accommodating extended living. What truly sets this property apart is that all five bedrooms feature en-suite bathrooms, offering a rare level of privacy and functionality across every unit. Perfect for a 1031 exchange buyer or investor, this property delivers strong income-producing potential, while also catering to an end user who may wish to live in one residence and rent out the others. Complete with a two-car garage, new pool heater, low-maintenance turf grass, and all impact windows and doors, the property also enjoys a rare lakefront setting just minutes from Las Olas, downtown Fort Lauderdale, and the beach.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1955
Lot:
No Data
Heating:
Central
Price/sqft:
$420
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$839,000
$581K – $1.4M
Confidence Low
List vs. estimate
$660K above estimate
List $1,499,000 · +78.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$420
+5.2% vs. city median $399
Based on
7 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$17,286
2022
Pool
In Ground
Waterfront
Lake
Parking
2 spaces
All facts and features
  • Flooring

    • Ceramic Floor

    • Wood

    Heating

    • Central

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 494235230080

    • Zoning: RC-15

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Other financial information

    • Annual tax amount: $17,286

  • Source details

    • MLS ID: A11972678

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Pool Features: In Ground

    • Waterfront: Yes

    • Living Area: 3569

    • Water Source: Municipal Water

    • Subdivision Name: LAKE RIDGE ADDITION

Private inquiry
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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 ©2026-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: Compass Florida, LLC