For sale
Photo 1 of 60$1,499,000
Price reduced1236 NE 18th Ave, Fort Lauderdale FL 33304
3,569 sq ftBuilt 1955MLS# A11972678
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About this property
One-of-a-kind lakefront triplex in Lake Ridge offering nearly 3,500 SF under air with a highly versatile layout and exceptional income potential.
The front residence features a spacious 2-bedroom, 2-bathroom layout with its own private patio. The rear portion of the property is currently configured as a full 3-bedroom, 3-bathroom residence, connected internally for seamless living. It can easily be reconfigured by closing off a doorway to create a 2-bedroom, 2-bathroom unit plus a separate studio apartment—ideal for maximizing rental income or accommodating extended living.
What truly sets this property apart is that all five bedrooms feature en-suite bathrooms, offering a rare level of privacy and functionality across every unit.
Perfect for a 1031 exchange buyer or investor, this property delivers strong income-producing potential, while also catering to an end user who may wish to live in one residence and rent out the others.
Complete with a two-car garage, new pool heater, low-maintenance turf grass, and all impact windows and doors, the property also enjoys a rare lakefront setting just minutes from Las Olas, downtown Fort Lauderdale, and the beach.
Features
- Waterfront
- Water view
- Pool
Property details
- Property type
- Multi-family
- Year built
- 1955
- Living area
- 3,569 sq ft
- Price per sq ft
- $420
- Property taxes
- $17,286/yr
- Parking
- 2 spaces
- Building / community
- Lake Ridge Addition
- Status
- Price reduced
- MLS #
- A11972678
Location
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