1524 NE 18th Ave, Fort Lauderdale, FL 33304

SingleFamilyResidence · Active

$1,250,000

1524 NE 18th Ave, Fort Lauderdale, FL 33304 — MLS photo

Miami Foreclosures & Bank-Owned Properties

1524 NE 18th Ave, Fort Lauderdale, FL 33304

Bedrooms
4
Bathrooms
4
Interior
2,685 sq ft
Price / sq ft
$466/sq ft
Built
1974
Lot
9,618 sq ft

The residence

APPROVED BY BANK. Short sale needs some repairs; great rehab potential. This beautiful waterfront property (no ocean access) features a four-bedroom, three-and-a-half-bath home, an upstairs en suite with a separate entrance, vaulted ceilings, a cozy fireplace, a large living room, and a spacious kitchen perfect for entertaining. Three of the bedrooms have en-suite bathrooms. The backyard features a heated pool overlooking the gorgeous lake! Bring your kayak, paddleboard, and water toys to your future backyard, where every day will feel like you're living in a vacation home. The home was previously on AIRBNB with a 5-star rating (excellent for investors). Close to restaurants and grocery stores. Live the Florida lake house dream just 2 miles from the beach!

Property location

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1524 NE 18th Ave, Fort Lauderdale, FL 33304

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Facts & features

Interior

Bedrooms
4
Bathrooms
4
Living area
2,685 sq ft
Flooring
Laminate, Other
Appliances
Other
Cooling
Central Air
Heating
Central
Interior features
Second Floor Entry, First Floor Entry, Other

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1974
Lot size
9,618 sq ft
Architectural style
Detached, Two Story
Roof
Other
Construction
CBSConcrete Block Structure, Block
Exterior features
Other
Pool
In Ground, Pool
Waterfront
Canal Front
View
Canal

Parking

Garage spaces
2
Covered spaces
2
Parking features
Circular Driveway, Covered

HOA, Community & Financials

Annual tax
$18,820
Subdivision
LAKELAND RESUB
County
Broward
Days on market
63
MLS listing ID
A12082639
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$779

Cap rate
4.9%
Net yield
4.9%
Cash-on-cash return
-2.7%
Gross yield
7.9%
Mortgage payment
$5,926/mo
Down payment
$312,500
Loan amount
$937,500
Annual NOI
$61,757

Estimates only — includes 5 % maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.

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1524 NE 18th Ave, Fort Lauderdale, FL 33304