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.
Union Street Partners, LLC
Features & Details
Learn about the features and details of 821 NE 18th Ct, Unit 1-5
Property Details
Property Type
MultiFamily
Living Area
4,492 sqft
Year Built
1975
Lot Size
8,540 sqft
Stories
-
Annual Tax
$17,308.00
List Date
9/11/2024
Updated
6/7/2025
Last Checked
Recent
MLS Number
#A11657946
Brokerage
Union Street Partners, LLC
Postal Code
33305
Area
Broward
City
Fort Lauderdale
Additional Property Features
Occupancy
Tenant
List Price
$2,000,000.00
Unit Number
1-5
Construction
Construction
Heating
Heating
Fireplaces
-
Garage
-
Parking Type
No
Pets Allowed
No
Air Conditioning
No
Elevator
No
Locker
No
Swimming Pool
No
Patio
No
Basement
No
Den
No
Central Vacuum
No
Garage Type
No
Additional Listing Information
Walk Score
–
Property Manager
-
Utilities Included
None
Furnished
No
Assessment Year
Assessment Year
Assignment
No
Extras Included
None
Inside
Bedrooms & Baths
0 Bed, 0 Bath
Ensuite
Yes
Bathrooms
0
Flooring
Mixed
Show More Features
Price history
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Real estate trends
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Mortgage Calculator
Estimate monthly payments for 1-5 - 821 18th Ct
20.5%100%
30 Years
Estimated Monthly Payment
$8,056
Cash Flow Analysis
Mortgage Payment:
$8,056
Monthly Payment:
$9,498.33
Break Even Down Payment:
100%
Cash Flow
$0
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Discover this exceptional multifamily in the heart of Lauderdale Park, Fort Lauderdale. This well-appointed property offers 4,492 square feet of living space situated on a 8,540 square foot lot. Originally built in 1975. Offered at $2,000,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.
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