713 SE 18TH Street 1-5, Fort Lauderdale, FL (MLS# B26099571)

713 SE 18TH Street 1-5, Fort Lauderdale, FL

New Listing
$945,000
Property Type: Commercial Sale Square Footage: 2,458 Status: Active
Current Price: $945,000 List Date: 11/12/2026 Last Modified: 11/13/2026

Overview

Description

Excellent investment opportunity in desirable Fort Lauderdale! This well-maintained five-unit property features four 1-bedroom 1-bathroom apartments and a separate rear studio with a full kitchen. Established rental income for years. Recent improvements include a new roof 2026. Ideally located just minutes from Fort Lauderdale Beach, shopping, restaurants, the airport, and major highways. Exceptional added value with potential for future redevelopment or new construction, subject to zoning and applicable approvals. Existing property survey available. An ideal opportunity for investors, builders, and developers seeking immediate rental income with significant future upside.

Supplements: Rare opportunity to acquire a five-unit income-producing property with additional land value and future development potential. Ideal for investors looking to continue operating as a multifamily rental property or builders and developers exploring redevelopment possibilities. Property is currently configured as four 1-bedroom/1-bathroom units and on ...

Listing Details MLS# B26099571

General Property Information

Number Of Buildings
Yes
Property Sub Type
Multi Family
Number Of Units Total
5
Occupant Type
Tenant
Building Area Main
2458
Building Area Source
Appraiser
Adjusted Area Main
2458
Year Built
1974
Parking Total
5
Lot Size Area
6150
Lot Size Acres
0.14
Accessibility Features YN
No
Stories Total
Yes
Stories
Yes

Property Features

Business Type: Real Estate Documents Available: Aerial Photo(s); Copy Of Lease(s); Rent Rolls; Other Electric: Separate Meters; Other Fencing: Full Flooring: Tile Heating: Central Parking Features: Assigned Possession: Close Of Escrow; Negotiable; Subject To Tenant Rights Sale Includes: Building; Land; Leases Special Listing Conditions: Standard Construction Materials: CBS Cooling: Central Air Listing Terms: Cash; Conventional Roof: Shingle Security Features: Other Sewer: Public Sewer Utilities: Cable Available; Electricity Available; Water Available; Other Water Source: Public Showing Requirements: Call Listing Agent Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
945000
Negotiable Seller Concessions YN
No
Listing Service
Full Service

Location and Legal

Country
United States
County Or Parish
Broward
Street Number
713
Street Direction Prefix
SE
Street Name
18TH
Street Suffix
Street
Unit Number
1-5
Municipality Type
Incorporated
State Or Province
FL
Postal Code
33316
Postal Code +4
2920
Area
3600
Geographic Area
FTSE - Ft Lauderdale SE (3280-3282;3600;3800)
Parcel Number
504214032710
Zoning
RMM-25
Flood Zone
AH
Property Description
MULTIFAMILY 2-9 UNITS

Financial Information

Tax Annual Amount
15193.52
Tax Year
2026
Tax Assessed/SOH Value
745220
Tax Legal Description
EVERGLADE LAND SALES CO FIRST ADD LAUDERDALE CORR PL 2-15 D LOT 11 BLK 18
Assessor Market Value
745220

Status Change Information

Major Change Timestamp
2026-11-12T20:18:18Z
Major Change Type
New Listing
Status Change Date
2026-11-12

More Information

Distance To Information

Miles to Beach
3
Miles to Expressway
2

Meter Information

Separate Electric Meters YN
Yes
Number Of Separate Electric Meters
5
Separate Gas Meters YN
No
Separate Water Meters YN
No

Income and Expenses

Annual Total Expense
21000
Gross Income
92000
Gross Scheduled Income
92000
Inc/Exp Statement Period
annual
Insurance Expense
3300
Maintenance Expense
900
Net Operating Income
71000
Operating Expense
21000
Real Estate Taxes
15193.52
Trash Expense
1000
Utilities Expense
1000

Unit Details

Number Of Units Leased
5

Description of Unit Type 1

Unit Type
1 Bedroom
Units Total
Yes
Full Baths
Yes
Furnished
No
Annual Rent
17400

Description of Unit Type 2

Unit Type
1 Bedroom
Units Total
Yes
Full Baths
Yes
Furnished
No
Annual Rent
17940

Description of Unit Type 3

Unit Type
1 Bedroom
Units Total
Yes
Full Baths
Yes
Furnished
No
Annual Rent
17940

Description of Unit Type 4

Unit Type
1 Bedroom
Units Total
Yes
Full Baths
Yes
Furnished
No
Annual Rent
21600

Description of Unit Type 5

Unit Type
Efficiency
Units Total
Yes
Full Baths
Yes
Furnished
No
Annual Rent
17100

Originating Details

Originating System Key
20261111194400865908000000
Originating System ID
M00000170
IDX
Listing Office: LoKation
Source MLS Verified
Last Updated: November - 13 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.