1236 Ne 18th Ave, Fort Lauderdale, FL 33304

$1,499,000
3,569
SqFt

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List Price
$1,499,000
Price Change
▼ $91,000 1780361165
MLS
A11972678
Complex Name
Lake Ridge Addition
Status
ACTIVE
Type
Multifamily
Living Area
3,569

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

Days on Market
78
Waterfront Description
Lake
Pool
Yes
Style
Triplex
Special Information
Substantially Remodeled
Water Access
None
#Parking Spaces
2
Year Built
1955
Development Name
Lake Ridge Addition
#Stories
1
Construction Type
Concrete Block Construction
Pool Description
In Ground
Section
35

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Listing Courtesy of Compass Florida, LLC, Contact: