$1,499,000list price
Price cut$91,000
0 ba · 3,569 sq ft 2 to 4 units
1236 NE 18TH AVE, FORT LAUDERDALE, FL 33304
Listing courtesy of Compass Florida, LLC. MLS# A11972678.On the MLS · Listed Oct 21
$1,490,000
1017 NE 14TH AVE, FORT LAUDERDALE, FL 33304
0 baths2 to 4 unitsBuilt 1958
Updated today, November 3, 2026This home against Lake Ridge
14 days on the market
Price cut $60,000 since it was listed at $1,550,000
$19,135 in property taxes (2025)
Lake Ridge today: 57 homes for sale, median list price $785,000.
About this home
EXCEPTIONAL TURNKEY MULTIFAMILY INVESTMENT OPPORTUNITY IN THE HEART OF FORT LAUDERDALE! This fully renovated and fully furnished 5-unit property offers immediate income from day one and is currently generating an approximate 7% annual return based on current operations. The unit mix includes three 1-bedroom/1-bath units, one 2-bedroom/1-bath unit, and one studio. Four units are currently operated as short-term rentals, while one 1-bedroom unit is leased long-term at $1,800/month, providing a diversified rental strategy. All five units were renovated within the past three years and are offered fully furnished and equipped, making this a true turnkey investment. The property also features 5 parking spaces, a common laundry area, outdoor patio and BBQ area, tropical landscaping, smart locks, and CCTV surveillance. Ideally located approximately 3.5 miles from Fort Lauderdale Beach and just 2.3 miles from I-95, with convenient access to Downtown Fort Lauderdale, Las Olas, shopping, dining, entertainment, and major transportation routes. Additional upside potential exists through optimized short-term rental management and further enhancement of the outdoor amenities, including the potential addition of a swimming pool. A rare opportunity to acquire a renovated, furnished, income-producing multifamily property in one of South Florida's most desirable and active rental markets. Please contact the listing agent to schedule a private showing. Minimum 24-hour advance notice required.
Zoned schools
Elementary: Bennett Elementary School
Middle: Sunrise Middle School
High: Fort Lauderdale High School
From Broward County Public Schools attendance zones.
Near this home
Park: Holiday Park, 0.4 mi
Beach: Fort Lauderdale Beach, 1.8 mi
Grocery: Publix, 0.2 mi
Distances from the center of Lake Ridge, FORT LAUDERDALE.
Listing courtesy of Grand Realty of America, Corp.. MLS# A12110633.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed October 19, 2026.
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