713 Se 18th Street Unit #1-5, Fort Lauderdale, FL 33316

$945,000

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List Price
$945,000
MLS#
B26099571
Status
ACTIVE
Type
Commercial

Property Description

Excellent investment opportunity in desirable Fort Lauderdale! This well-maintained five-unit property features four 1-bedroom 1-bathroom apartments and a separate rear studio with a full kitchen. Established rental income for years. Recent improvements include a new roof 2026. Ideally located just minutes from Fort Lauderdale Beach, shopping, restaurants, the airport, and major highways. Exceptional added value with potential for future redevelopment or new construction, subject to zoning and applicable approvals. Existing property survey available. An ideal opportunity for investors, builders, and developers seeking immediate rental income with significant future upside. Rare opportunity to acquire a five-unit income-producing property with additional land value and future development potential. Ideal for investors looking to continue operating as a multifamily rental property or builders and developers exploring redevelopment possibilities. Property is currently configured as four 1-bedroom/1-bathroom units and one rear studio with a full kitchen. New roof. Buyer to independently verify zoning, permitted density, redevelopment potential, building requirements, and all applicable approvals with the appropriate authorities. Excellent location with convenient access to beaches, shopping, dining, airport, and major roadways.

Additional Information

Days on Market
3
Tax Amount
$15,193
Water Access
Building Only, Business And Building
Parcel Number
504214032710
Lot Size
6,150
Address
713 Se 18th Street Unit #1-5, Fort Lauderdale
Year Built
1974

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