713 SE 18TH Street, Unit 1
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.
Broker Details
LoKation Real Estate (954) 545-5583
MLS ID: 3272863 State License Number: 3272863
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $945,000 |
| No. of Units: | 5 |
| Year Built: | 1974 |
| Lot Size: | 2,458.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $189,000 |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-RMLSFL-B26099571
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