1236 NE 18th Avenue, Fort Lauderdale, FL 33304

$1,499,000
3,569
SqFt

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List Price
$1,499,000
Status
ACTIVE
Days on Market
123
MLS#
A11972678
Subtype
Residential Income
Year Built
1955
Living Area
3,569
Subdivision
Lake Ridge Addition
MLS Area Major
3380

Property Description

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.

Additional Information

Taxes
$17,286
Flooring
Ceramic Tile, Wood
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block
Stories
1
Roof
Concrete
Pool
Yes
Elementary School
Bennett
Middle School
Sunrise
High School
Fort Lauderdale

Listing courtesy of Compass Florida, LLC. Contact:

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Agent: Jessie Stier | Email: jessie.stier@compass.com