Thursday, October 19, 2023

1100 NE 18th Ct Fort Lauderdale, FL 33305

Only $2,199,999
Now $2,129,000

(Not on the MLS) 

or

Best priced per door in the area!

8-Units

Property Use: Use Code: 08 / MULTIFAMILY 2-9 UNITS
Land Use: Multifamily 2-9 Units (08)
Zoning: RML-25 Lot Size: 0.2104 acres / 9,167 sf

Living: 2,326 Sqft

Built: 1958

2022 taxes: $15,949.50

Insurance: $3K/Year - Liability and Hazard Insurance --No Windstorm nor Flood

~ Cash flow opportunity or buy and Flip (little to do) ~

Located in "Middle River Terrace" Subdivision

Units #1: Efficiency
Used as Airbnb Vacation Rental
Wall A/C
Impact Windows

UnitsEfficiency
Unit 2 rented out for $1,100 - Lease (expires May 2024)
Unit #5 rented out for $700 - (property manager - lease exp May 1st, 2024) 
Unit #6 rented out for $850 - (lease expires Dec 1st, 2023)
Unit #7 rented out for $950 - Month to Month
Unit #8 rented out for $1,200 - Month to Month 
Wall A/C
Aluminium Windows

Units #3: Studio:
Rented out for $1,500 - Lease (exp June 1st, 2024)
Mini split A/C
Aluminium Windows

Unit #4: Studio
Rented out for $1,475 - Month 2 Month
Mini Split A/C
Aluminium Windows

All of the units all remodeled 5 years ago, The roof was done this year, and the property has city sewer. The owner pays for all the electricity and the water.

Owner coin laundry:
Exon has a coin laundry on the property auth by the seller

Local rents for studios can rent up to $2,175

Located in the desirable Middle River Terrace neighborhood, within walking distance to the happenings on Wilton Drive.

Tenant Occupied, Please call for Showing and do not Disturb tenants.

📞Call JC @ 954-477-1466 for showing📞


UNIT 1 & 6














UNIT 2 & 5







UNIT 3 & 4










UNIT 7 & 8