Multi-Family: MLS #RX11136446 Fort Lauderdale, FL $ 850,000
Multi-Family: MLS #RX11136446
$ 850,000
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Multi-Family: MLS #RX11136446

Fort Lauderdale, FL, 33316
$ 850,000
Bedrooms3 Baths3.0 Sq 1,645

Monthly Estimate*

$ 5,234

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Multi-Family Home for sale in Fort Lauderdale, FL

for $850,000 with 3 bedrooms and 3 full baths. This 1,645 square foot home was built in 1964 on a lot size of 0.218205.

Located in the highly desirable Harbordale neighborhood just south of the 17th Street Causeway, 823 SE 18th Street presents one of Fort Lauderdale's most compelling opportunities for investors, builders, and developers. This prominent corner lot at the intersection of SE 18th Street and Miami Road offers a rare combination of immediate rental income, flexible redevelopment potential, and exceptional location in one of the city's most in-demand east-side enclaves.The 9,505 SF parcel is zoned RMM-25, allowing up to 25 units per acre--translating to a maximum of 9 units as-of-right on this site. Existing structures include two separate dwellings: a single-family residence at 1713 Miami Road and a duplex at 823 SE 18th Street.Both are tenant-occupied on month-to-month leases, providing immediate income with the flexibility to vacate and redevelop as needed. The layout and dual street frontage present prime opportunities for design-forward projects including boutique multifamily buildings, modern garage-townhome clusters, or high-return short-term rental compounds. Harbordale is one of Fort Lauderdale's fastest-evolving neighborhoods, drawing attention from both institutional and boutique developers for its rare blend of residential charm, walkability, and direct proximity to the city's most important lifestyle and transportation nodes. The property is just steps from Harbor Shops, grocery stores, fitness studios, cafés, and restaurants, while also one block from Harbordale Parka favorite local green space. Within a ten-minute drive are Fort Lauderdale-Hollywood International Airport, Port Everglades, Las Olas Boulevard, and the beach. The site is especially attractive to buyers and tenants connected to the marine, travel, and hospitality sectors given its unbeatable access to yachting marinas, cruise terminals, and major highways like US-1 and I-595. The existing buildings provide a functional and livable setup for continued cash flow or bridge occupancy. The classic South Florida architecture offers short-term utility, but the real value lies in the land and zoning. Developers will appreciate the multiple build paths supported by the site: a 9-unit apartment building, 3-5 luxury townhomes, or a purpose-built STR property with shared outdoor amenities. Harbordale's zoning and growth trends support each of these models, and the corner positioning allows for smart design integration including private entries, garage access, and modern courtyard-style layouts. As demand continues to increase in Fort Lauderdale's east-side neighborhoods, Harbordale stands out as one of the last accessible zones for scaled infill development. Nearby infrastructure upgradesincluding airport expansion, marina improvements, and continued downtown investmentfurther elevate the long-term value of properties like this. For developers focused on short-term rental models, the site's proximity to the cruise port, downtown, and the beach offers consistent year-round occupancy. For long-term investors, Harbordale's high absorption rates, solid rent growth, and limited land supply provide a stable foundation for appreciation and liquidity. This property is being offered as a development opportunity. Buyers are responsible for verifying all zoning uses, density allowances, and permitting with the City of Fort Lauderdale. Access to the buildings will be made available during the inspection period. Existing leases are month-to-month, giving buyers the flexibility to maintain steady revenue, reposition the asset, or move directly into new construction. Whether your goal is to build now or land-bank for future growth, 823 SE 18th Street offers a rare combination of location, density, flexibility, and existing income in one of the most strategic pockets of South Florida.

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Multi-Family Active

Price

$ 850,000

Bedrooms

3

Full Bath

3

Property Type

Multi-Family

Taxes

$ 11,833

Style

Triplex

Lot Size

0.218205

Year Built

1964

Town/City

Fort Lauderdale

County/Region

Broward

MLS | Web ID

RX11136446

Features
Exterior
Lot Description < 1/4 Acre
Exterior Amenities None
Waterfront No None
Private Pool Y/N No
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General
Construction Block Concrete Frame
Heating Electric
Cooling Wall-Win A/C
Utilities Public Sewer Public Water
Possession At Closing Funding
Roof Comp Shingle
Zoning RMM-25
HOA None
Status Active
Year Built 1964
REO No
Subdivision Everglade Land Sales Co F
Stories Count 1.0
Type Triplex
Property Type B
Auction No
Tax Year 2021
Terms Considered Cash Conventional Cryptocurrency Other VA
Gated Community No
Short Sale No
Restrict None
Special Info Sold As-Is
Taxes 11833.00
Adult 55+ No Hopa
Virtual Tour https://www.zillow.com/view-imx/e653ba3e-703b-4639-aafb-11aad3b840f5?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Legal Description EVERGLADE LAND SALES CO FIRST ADD LAUDERDALE CORR PL 2-15 D 4 E 90 5 E 90 BLK 18
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Interior
Flooring Concrete Wood Floor
SqFt - Living 1645.00
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Internal Only
OriginalMLSID RX-11136446
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* Excluded Features
List By
Shane Aronson

Listing Agent

Serhant

Broker

shane@serhant.com

Email

Affordability Calculator

$6,220
Per Month
84%
16%
0%
Monthly Principal & Interest
$5,234
Monthly Property Taxes
$986
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
368239 Elementary School
368240 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
12/9/2025 $850,000 -10.53% Price Down
10/30/2025 $950,000 Listed Price

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