1524 NE 18th Ave
- Fort Lauderdale, FL 33304
- $1,675,000
- 4 Bed(s)
- 3.5 Baths
- 2,685 Sqft.
Basic Information
- MLS # A11706595
- Type Duplex / Quad Plex / Triplex
- Status
- Subdivision/Complex Progresso
- Year Built 1970
- Total Sqft 2,534
- Date Listed 12/09/2024
- Days on Market 156
Description
Great investment opportunity in the vibrant Victoria Park neighborhood of Fort Lauderdale! This spacious fourplex is situated on a large corner lot (6,750 sq ft) and offers a total of 2,534 sq ft of living space. The property consists of four units: one 2-bedroom/2-bath, one 1-bedroom/1-bath, and two studios. Current rents are below market, providing significant upside potential with the opportunity to increase rents by at least 50%. Additionally, there's potential for short-term Airbnb rentals to boost income even further. Each unit has its own private entrance, and the property offers designated parking. Located just one block from Holiday Park and a short walk Las Olas Blvd. Only two miles from Fort Lauderdale Beach. Don’t miss out on this exceptional opportunity!
Exterior Features
- Waterfront No
- Pool No
- Exterior Features Deck, Other, Porch, Patio
- Parking Spaces 0
- Parking Description
Interior Features
- Adjusted Sqft 2,534
- Sqft 2,534
Property Features
- Aprox. Lot Size 2,534
- Furnished Info No
- Lot Description Less Than Quarter Acre
- Short Sale Regular Sale
- HOA Fees N/A
- Subdivision Complex
- Subdivision Info Progresso
- Tax Amount $13,556
- Tax Year 2022
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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: The Brokerage South Florida Real Estate, LLC.. tel:
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