821 NE 18th Ct 1-5, Fort Lauderdale, Florida 33305
MLS#: A11657946
$2,000,000 USD
Listed By Union Street Partners, LLC
The Commercial Property for Sale located at Fort Lauderdale, Florida 33305 is currently for sale. Fort Lauderdale, Florida 33305 is listed for $2,000,000. This property has Total Parking features. If the property located at Fort Lauderdale, Florida 33305 isn't what you're looking for, visit https://www.sfpropertysearch.com to see other Commercial Properties for Sale in Fort Lauderdale .
Date Updated : Sep 13, 2024
Property features
Key features
- Total Parking
Construction details
- Year built: 1975
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.
Location
All real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise "any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation, or discrimination." We will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.