700 NW 18th St Fort Lauderdale, FL 33311
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,024 sqft
Price per Sqft $432
Subdivision Progresso
MLS Listing ID A11940088
HOA Y/N No
Year Built 1984
Annual Tax Amount $9,909
Tax Year 2025
Property Sub-Type Duplex
Property Description
Unit 700 generates $3,850 per month and unit 702 generates $3,800 per month, for a total monthly income of $7,650. All tenants are on month-to-month agreements. Both primary bedrooms on each side offer private entrances and en-suite bathrooms.
Major capital improvements have been completed, including roof replacement in 2020, HVAC updates (2023 for unit 700 and 2022 for unit 702), electrical upgrades in 2023, and a paved and sealed driveway completed in 2024. Each unit includes a new large washer and dryer. Parking available for 6+ vehicles.
Offered at $875,000. Excellent opportunity for investors seeking stable income in an established Fort Lauderdale rental market.
Location
State FL
County Broward
Community Progresso
Area 3450
Direction From I-95, take Sunrise Blvd west. Turn right onto NW 7 Ave, then turn left onto NW 18th St. Property will be located on the right-hand side.
Interior
Heating Central
Cooling Central Air
Flooring Tile
Exterior
Pool None
Utilities Available Cable Available
Roof Type Shingle
Total Parking Spaces 6
Private Pool No
Building
Lot Description Rectangular Lot
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Block
Others
Tax ID 494234010450
Acceptable Financing Cash, FHA, VA Loan
Listing Terms Cash, FHA, VA Loan
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