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5881 NE 18th Ave, Fort Lauderdale, FL – $549,000

  • $549,000 Price
  • 2,472 Sqft
  • 165 DOM
  • $549,000 Price
  • 2,472 Sqft
  • 165 DOM

5881 NE 18th Ave

4-Plex in East Fort Lauderdale! All units are rented with long term tenants and are currently month-to-month. The current rents are grossly underpriced for the area. The market rents for a 1/1 in the area is approx $1050-$1300 and for $1200-$1400 for a 2/1. This building has the potential to bring in approx 60k/Year once revitalized. All individual electric meters and one master water meter. Plenty of parking. Close proximity to the beach, highways, and shopping.

Essential Information

  • MLS® #F10166615
  • Price$549,000
  • Bathrooms0.00
  • Square Footage2,472
  • Acres0.00
  • Year Built1962
  • TypeResidential Income
  • Sub-TypeFourplex
  • StyleAttached
  • StatusActive-Available

Community Information

  • Address5881 NE 18th Ave
  • Area3350
  • SubdivisionCoral Ridge Isles 45-47 B
  • CityFort Lauderdale
  • CountyBroward County
  • StateFL
  • Zip Code33334-6055

Amenities

  • Parking Spaces7

Interior

  • HeatingWindow/Wall
  • CoolingWall/Window Unit Cooling
  • # of Stories1
  • Stories1

Exterior

  • Lot DescriptionLess Than 1/4 Acre Lot
  • RoofComp Shingle Roof
  • ConstructionConcrete Block Construction

Additional Information

  • Days on Market165
  • ZoningRMM-25

Listing Details

  • OfficeRE/MAX Preferred
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