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4 Units NE Fort Lauderdale 5110 NE 18th Ave 4 Unit Apartment Building $1,089,985 CAD ($272,496 CAD/Unit) Fort Lauderdale, FL 33334
Investment Highlights
- Priced under recent appraisal of $850,000
- Terrific value-add opportunity
Executive Summary
This is today’s best value-add opportunity in NE Fort Lauderdale! Located in Knoll Ridge between Coral Ridge and Coral Ridge Isles, this 4 unit building is immediately north of Commercial Blvd and ½ mile west of Federal Highway. Property is priced below recent appraisal of $850,000. The three 1/1’s and one 2/2 are occupied by month to month tenants, offering flexibility for new owner. It is time to consider the options for improvements and then bring income to substantially higher market rates. Please do not disturb tenants or walk the property. Instead call for an appointment.
Property Facts
| Price | $1,089,985 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $272,496 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| No. Units | 4 | Building Size | 2,646 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1967 |
| Zoning | RMM25 | ||
| Price | $1,089,985 CAD |
| Price Per Unit | $272,496 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 2,646 SF |
| No. Stories | 1 |
| Year Built | 1967 |
| Zoning | RMM25 |
Amenities
Unit Amenities
- Air Conditioning
- Tile Floors
- Refrigerator
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | - |
| 2+2 | 1 | - | - |
1 1
Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (75)
Property Taxes
| Parcel Number | 49-42-13-04-0320 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $923,723 CAD |
Property Taxes
Parcel Number
49-42-13-04-0320
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$923,723 CAD
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4 Units NE Fort Lauderdale | 5110 NE 18th Ave
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