5195 18Th AveFort Lauderdale, FL 33334

Property Details for 5195 18Th Ave

Year built

1962

Property type

Office properties

Property subtype

Other office properties

Description

This exceptional investment opportunity presents a six-unit, free-standing, two-story office building located at 5195 NE 18th Avenue in Fort Lauderdale, Florida, 33334. Built in 1962, the property boasts a desirable location, close to Pinecreek School and just a few miles from Fort Lauderdale Beach. The building is in very good condition and features central air conditioning, a laundry room, and most windows are impact resistant. The property includes a functional swimming pool, although it requires upgrades to meet current code. The unit mix comprises two 2-bedroom/2-bathroom units, two 2-bedroom/1-bathroom units, and two 1-bedroom/1-bathroom units. Tenants are responsible for electricity, while the owner covers water and trash expenses. This turnkey property is offered at an asking price of $1,350,000. The lot size is not specified. This presents a strong potential for immediate income generation and long-term appreciation. The property's proximity to desirable amenities and its solid condition make it an attractive investment for discerning buyers. The existing tenant structure provides a stable revenue stream, and the potential for future rent increases adds to the overall investment appeal.

Location Insight

City

Fort Lauderdale

County

Broward

State

Florida

Latitude

26.193

Longitude

-80.123

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].