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$2,000,000
Property Description
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.
Full Property Details
Full Property Details for 821 NE 18th Ct #1-5
General
- Price: $2,000,000
- Taxes: $17,308
- Status: Active
- Type: Apartment
- Source: Greater_Miami
- MLS ID: A11657946
- Updated: 9/12/2024
- Added to Site: 494 day(s) ago
Business
- Business Type: Apartments
Parking
- Total Spaces: 11
Location
- County: Broward County
Community
- Units Assoc/Comm: 2
Structural Information
- Detached/Attached: Detached
- Stories/Levels: 2
- Building Size: 4492
- Year Built: 1975
Unit Information
- Units in Complex: 2
Lot Features
- Lot Size (Sq. Ft.): 8,540
- Zoning: RML-25
Water Features
- Water Front: Yes
- Water Front Desc.: Canal Width 1-80 Feet, Waterfront
Financial Considerations
- Tax Amount: $17,308
Disclosures and Reports
- Special Conditions: Sale
- Legal Description: LAUDERDALE PARK 6-33 1/2 B LOT 40, 41 & LAND LYING BET SAID LOTS & RIVER BLK 19
- Property ID: 494235042502
Listed by Union Street Partners, LLC
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Schools
Schools serving 821 NE 18th Ct #1-5
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Bennett Elementary School 1755 Northeast 14th Street, Fort Lauderdale, FL 33304 | K-5 | 0.9 mi |
Sunrise Middle School 1750 Northeast 14th Street, Fort Lauderdale, FL 33304 | 6-8 | 0.9 mi |
Fort Lauderdale High School 1600 Northeast 4th Avenue, Fort Lauderdale, FL 33305 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 821 NE 18th Ct #1-5
Date
Details
Price
Change
Source
9/11/2024
Listed
$2,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 821 NE 18th Ct #1-5
Year
Property Taxes
Change
Tax Assessment
Change
2024
$17,936
—
$1,042,710
2%
2024
$17,936
4%
$1,017,350
—
2023
$17,308
30%
$1,017,350
49%
2021
$13,294
-16%
$681,380
-31%
2022
$15,901
20%
$994,110
65%
2021
$13,294
22%
$603,190
31%
2019
$10,906
4%
$460,650
10%
2018
$10,442
9%
$418,780
-27%
2017
$9,599
7%
$577,310
15%
2016
$8,964
11%
$503,930
60%
2015
$8,057
8%
$314,640
10%
2014
$7,489
11%
$286,040
10%
2013
$6,731
—
$260,040
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 821 NE 18th Ct #1-5
821 NE 18th Ct #1-5, Fort Lauderdale, FL 33305 (MLS# A11657946) is a Apartment property. 821 NE 18th Ct #1-5 is currently listed for $2,000,000 and was received on September 11, 2024. Want to learn more about 821 NE 18th Ct #1-5? Do you have questions about finding other Apartment real estate for sale in Middle River Terrace? You can browse all Middle River Terrace real estate or contact a Coldwell Banker agent to request more information.
