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1100 NE 18th Ct 8 Unit Apartment Building $1,913,940 CAD ($239,243 CAD/Unit) 7.86% Cap Rate Fort Lauderdale, FL 33305
Investment Highlights
- Fully occupied 8-unit multifamily property with strong rental demand.
- On-site laundry and 10 dedicated parking spaces for tenant convenience.
- Easy access to beaches, shopping, dining, and major transit routes.
- Prime location near Wilton Manors, Flagler Village, and downtown Fort Lauderdale.
- Large 9,167 SF lot offering potential for value-add improvements.
Executive Summary
Investment opportunity in the heart of Fort Lauderdale. This well-maintained 8-unit multifamily property features eight studio apartments on a large lot with on-site laundry and 10 parking spaces. Located near Wilton Manors, Flagler Village, and downtown, the property offers consistent rental demand in a high-growth corridor. Fully occupied, it presents stable income with value-add potential through upgrades. Just minutes from beaches, shopping, dining, and major transportation routes, this asset is ideally positioned for continued appreciation in one of South Florida’s most desirable rental markets. Financials available upon request.
Property Facts
| Price | $1,913,940 CAD | Building Class | C |
| Price Per Unit | $239,243 CAD | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 2,326 SF |
| Cap Rate | 7.86% | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1958/2025 |
| Property Subtype | Apartment | Parking Ratio | 3.24/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RML-25 | ||
| Price | $1,913,940 CAD |
| Price Per Unit | $239,243 CAD |
| Sale Type | Investment |
| Cap Rate | 7.86% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 2,326 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1958/2025 |
| Parking Ratio | 3.24/1,000 SF |
| Zoning | RML-25 |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | - |
1 1
Moderately walkable
60/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 49-42-35-04-2401 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $877,690 CAD |
Property Taxes
Parcel Number
49-42-35-04-2401
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$877,690 CAD
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1100 NE 18th Ct
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