821 NE 18th Ct #1-5
Fort Lauderdale, FL 33305
#A11657946
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.
Property Details
- Property SubtypeIncome/MultiFamily
- CountyBroward County
- MLS #A11657946
- MLS #A11657946
- Property TypePurchase
- Cost2000000
- Year Built1975
- Stories2
- Waterfront1
Location
Legal
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Last Updated: . Source: MAOR
Listing Courtesy
Listing Agent: Gregory Celentano (#0667454)
Listing Office: Union Street Partners, LLC (#GPCO01)
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