1215 NE 18th Ave
- Fort Lauderdale, FL 33304
- $1,075,000
- 0 Bed(s)
- 0 Baths
- 2,810 Sqft.
Basic Information
- MLS # F10492368
- Type Duplex / Quad Plex / Triplex
- Status
- Subdivision/Complex Lake Ridge Gardens Condo
- Year Built 1952
- Total Sqft 2,826
- Date Listed 03/14/2025
- Days on Market 60
Description
This five-unit property with individual folios is currently operating as a high-performing vacation rental investment and must be purchased together. The diverse unit mix includes two 1/1 units, two studios, and one 2/2 unit, which is currently on an annual lease. Each unit has separate meters and its own washer and dryer, providing added convenience for tenants and guests. With over $127K in annual revenue in 2014, this is a proven income-generating asset. The condominium association can be terminated, allowing for flexibility in ownership, or the units can be sold off individually. Located just one block from Publix, a major draw for vacationers, and only 1.6 miles from Fort Lauderdale Beach, this prime location ensures strong occupancy rates and continued demand.
Exterior Features
- Waterfront No
- Pool No
- Parking Spaces 0
- Parking Description
Interior Features
- Adjusted Sqft 2,826
- Sqft 2,826
Property Features
- Furnished Info No
- Lot Description Less Than Quarter Acre
- Short Sale Regular Sale
- HOA Fees N/A
- Subdivision Complex
- Subdivision Info Lake Ridge Gardens Condo
- Tax Amount $2,456
- Tax Year 2024
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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Dettman Realty Group LLC. tel: (954) 566-2448
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