$1,499,000

Price reduced

1236 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

Listing courtesy of Compass Florida, LLC.

Location

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