700 NW 18th St, Fort Lauderdale FL 33311

Description

Income-producing duplex located at 700–702 NW 18th St in Fort Lauderdale. This multifamily property features two units, each offering 3 bedrooms and 2 bathrooms, for a total of 6 bedrooms and 4 bathrooms, with 2,024 sq ft of living area. 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.