Triplex in Fort Lauderdale with MLS# R11136446

NO INTERIOR SHOWINGS PRIOR TO UNDER CONTRACT. HIGHEST AND BEST OFFERS DUE BY FRIDAY MAY 15 AT 6:00 PM. PRICED TO REFLECT CURRENT MARKET OPPORTUNITY. Positioned in the highly sought after Harbordale neighborhood just south of the 17th Street Causeway, 823 SE 18th Street presents a strong opportunity for investors, builders, and developers looking to plant a flag in one of Fort Lauderdale's fastest-moving east-side pockets. Set on a prominent corner lot at SE 18th Street and Miami Road, the property pairs current rental income with full redevelopment flexibility in a location that continues to attract serious capital. The 9,505 square foot parcel is zoned RMM-25, allowing up to 25 units per acre, which translates to a maximum of 9 units as-of-right on this site. That density, combined with dual street frontage and a true corner position, gives developers a wide range of build paths to work with from day one. Corner parcels of this size with usable density are not something you find on the market every week in this part of Fort Lauderdale, and the geometry of the lot opens up design moves that interior parcels simply cannot accommodate. Two separate structures sit on the land today: 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, which is exactly the kind of setup a developer wants. You collect immediate income while plans, permits, and financing come together, then deliver vacancy on your timeline. There is no waiting on long leases to burn off, and no carrying a dead asset while you push paperwork through the city. That alone separates this offering from the typical infill site, where holding costs eat into yield before a shovel ever hits the ground. The existing buildings reflect classic South Florida architecture and remain functional and livable, suitable for continued cash flow or bridge occupancy. The real value here, however, is in the land and the zoning. The site supports multiple development models: a 9-unit apartment building, a cluster of 3 to 5 luxury townhomes, or a purpose-built short-term rental compound with shared outdoor amenities. Harbordale's zoning posture and growth trajectory support each of these plays, and the corner geometry opens the door to smart design choices including private entries, garage access, and modern courtyard-style layouts that maximize light, privacy, and curb presence on both street frontages. Picture a boutique multifamily building with private ground-floor entries facing Miami Road, garage access tucked along the side street, and a shared interior courtyard pulling natural light into every unit. Or picture a row of design-forward townhomes with rooftop terraces capturing the breeze off the Intracoastal corridor a few blocks east. Or picture a small short-term rental compound built around a central pool deck and outdoor lounge, purpose-engineered for the cruise and yachting traveler. Each of those programs fits inside what the site allows, and each speaks to a buyer pool that is already active in this corridor. Harbordale itself is one of the strongest residential land stories on the east side of Fort Lauderdale right now. The neighborhood has been drawing attention from both institutional and boutique developers thanks to a rare combination of residential character, walkability, and direct access to the city's most important lifestyle and transportation nodes. From this property, you are steps to Harbor Shops, grocery stores, fitness studios, cafes, and restaurants. Harbordale Park, a favorite local green space, sits one block away. Inside a ten-minute drive you reach Fort Lauderdale-Hollywood International Airport, Port Everglades, Las Olas Boulevard, and the beach. That walk-out-the-door convenience is what end users will pay for, and it is what underwrites rent growth across every product type the site can support. The access profile is what makes the location so strong for a wide tenant base. Buyers and renters tied to the marine, travel, and hospitality industries gravitate to Harbordale because the yachting marinas, cruise terminals, and major roads like US-1 and I-595 are all within easy reach. Yacht crew, captains, charter staff, hospitality professionals, and frequent business travelers all want to live close to where they work, and this corner sits inside that radius. For a developer running a short-term rental model, the proximity to the cruise port, downtown, and the beach drives consistent year-round occupancy across both peak and shoulder seasons. For a long-term hold investor, Harbordale's strong absorption, steady rent growth, and limited remaining land supply build a solid foundation for appreciation and liquidity at exit. The broader infrastructure picture only adds to the case. Ongoing airport expansion, marina improvements, and continued downtown investment all feed directly into the long-term value of well-positioned infill sites in this corridor. Harbordale stands out as one of the last accessible zones in east Fort Lauderdale where scaled infill development still pencils, and that window is closing as more developers turn their attention to the area. A few practical notes for buyers underwriting the deal. The property is being offered as a development opportunity. Buyers are responsible for verifying all zoning uses, density allowances, and permitting requirements directly 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 the next owner the flexibility to maintain steady revenue, reposition the asset, or move directly into new construction once approvals are in hand. Whether the plan is to build now, hold and entitle, or land-bank for future growth, 823 SE 18th Street delivers a rare combination of location, density, flexibility, and in-place income in one of the most strategic pockets of South Florida.

📅 View days on the market

Days on the market

The street address for this listing (MLS-R11136446) is private

Price
Price:
$500,000.00
Original List Price:
$950,000.00
List Price per Sq Ft (Calculated, Approx.):
$303.95
Close Price:
$600,000.00
Transaction closed on:
June 26, 2026
Lease Details
Tenant Pays:
Electricity, Water, Gas
Property Status and Type
Listing Type:
Sold
Status:
Closed
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Triplex
Description of Last Important Update:
Status Change
Last Major Update on:
July 25, 2026 4:02 pm
Other Special Conditions:
Sold As-is
Rooms Distribution
Bathrooms Total:
3
Measures
Living Area:
1,645 Sqft
Built-Up Area:
2,714 Sqft
Building Area Source:
Other
Lot Size Acres:
0.22
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Wall/window Unit(s)
Heating
Heating System:
Electric
Construction
Year Built:
1964
Roof:
Composition
Number of Units Total:
3
Levels:
Two
Construction Materials:
Block, Frame, Concrete
Flooring:
Wood, Concrete
Structure Type:
Triplex
Number of Units in the Community or Building:
3
Stories:
1
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$11,833.00
Tax Year:
2021
Property Tax Details:
No Homestead
Utilities
Sewer:
Public Sewer
Utilities Available:
Sewer Available, Water Available
Water Source:
Public
Community
Subdivision Name:
Everglade Land Sales Co F
Senior Community:
No
Restrictions:
No Restrictions
Terms
Listing Terms Considered by Seller:
Cash, Conventional, VA Loan, Cryptocurrency, Other
Buyer Possession:
Negotiable, Close Of Escrow
Zoning and Legal
Tax Legal Description:
EVERGLADE LAND SALES CO FIRST ADD LAUDERDALE CORR PL 2-15 D 4 E 90,5 E 90 BLK 18
Zoning:
RMM-25
Public Schools Assigned
Elementary School:
Floral Ridge Elementary
High School:
Fort Lauderdale
Middle Or Junior School:
Sunrise
Listing History
Active on the market since:
April 7, 2026
Listing Agreement executed on:
October 30, 2025
Purchase Contract Date:
May 16, 2026
Price change occurred on:
May 11, 2026 12:01 pm
Listing Status Last Changed On:
July 25, 2026 4:02 pm
Photos updated on:
May 4, 2026 9:19 pm
Last Modified:
July 25, 2026 4:03 pm
Additional Information
Courtesy of:
Serhant
Attribution:
Not provided

Want to schedule an in-person or virtual tour? Have questions?

Want to schedule an in-person or virtual tour? Have questions?
Schedule a Tour or Ask a Question


Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $89,200
Median Home Value $793,500
Median Rent $2,047/mo
Median Age 51
Population 12,039
Ver la Propiedad Ver la propiedad
This listing can also be located in the MLS system as RX-11136446
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed by the MLS or the real estate broker. ©2026 BeachesMLS, Inc. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available. Properties may be listed or sold by various participants in the MLS.