801 NE 18th Ave #1-4, Fort Lauderdale FL 33304

$1,383,000

$498/sq ft

$216,000
Price Decreased

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Overview

Year Built

1960

Sqft

2776

Property Type

Quadruplex

Property Description

Strategic investment opportunity in the heart of Victoria Park featuring $100,000 in recent capital improvements and a stabilized income stream. Currently configured as a high-utility triplex, the property boasts an expansive, combined owner’s suite, offering a level of scale rarely found in traditional multi-family assets. While the tax roll reflects a fourplex classification, the current layout provides an ideal "house-hacking" scenario for an owner-occupant or a premier 1031 exchange vehicle for a long-term investor. Residents enjoy immediate proximity to the fine dining of Las Olas Boulevard and Fort Lauderdale’s renowned beaches, with rental income significantly offsetting carrying costs. This turnkey legacy asset is positioned for sophisticated buyers prioritizing location and recent physical upgrades in South Florida’s most resilient submarket.

Property Details

MLS#

A11794920

Total Floor in Bldg

2

Building

PROGRESSO

Address

801 18th Ave #1-4 NE

City

Fort Lauderdale

State/county

FL

Zip/Postal Code

33304

Area

Progresso

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$23,663

Maint Fee

$--

Tax Year

2025

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Boris Gelfand