Fort Lauderdale, FL 33316

$775,000
Property Type: Residential Income Square Footage: 2,714 Status: Active
Current Price: $775,000 List Date: 4/07/2026 Last Modified: 5/04/2026

Description

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.

Supplements: 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.

More Information MLS# R11136446

Contract Information

Comp Sale YN: No Listing Date: 2025-10-30 Status: Active Original List Price: 950000 List Price: $775,000 Current Price: $775,000

Location and Legal

County Or Parish: Broward County Parish Name: Broward City Name: Fort Lauderdale Postal Zip: 33316 Geographic Area: FTSE - Ft Lauderdale SE (3280;3600;3800) State Or Province: FL Postal Code: 33316 Subdivision Name: Everglade Land Sales Co F Elementary School: Harbordale Middle Or Junior School: Sunrise High School: Fort Lauderdale Zoning: RMM-25 Directions: Take I-95 to SE 17th St exit, head east, right on Miami Rd, then left on SE 18th St. 823 will be on your right.

General Property Information

Number Of Units Total: 3 Living Area Main: 1645 Gated Community YN: No Lot Size Area: 9505 Senior Community YN: No Stories: 1 Pool Private YN: No Spa YN: No Property Sub Type: Triplex Building Area Main: 2714 Building Area Source: Other Year Built: 1964 Lot Size Acres: 0.22

Financial Information

Estimated Monthly Assoc Recurring Fee: 0 Tax Annual Amount: 11833 Tax Year: 2021 Tax Legal Description: EVERGLADE LAND SALES CO FIRST ADD LAUDERDALE CORR PL 2-15 D 4 E 90,5 E 90 BLK 18

Office/Member Information

DXORIGMLSID: RML

Status Change Information

Back on Market Date: 2026-04-07 Major Change Timestamp: 2026-04-07T16:39:09Z Major Change Type: Price Reduced Price Change Timestamp: 2026-04-07T16:39:10Z Status Change Date: 2026-04-07

Exterior Features

None: 1

Flooring

Concrete: 1 Wood: 1

Property Condition

Resale: 1

Special Information

Sold As-Is: 1

Documents Available

None: 1

Meter Information

Separate Electric Meters YN: Yes Separate Water Meters YN: Yes

Structure Type

Triplex: 1

Tenant Pays

Electricity: 1 Gas: 1 Water: 1

Possession

Close Of Escrow: 1 Negotiable: 1

Sewer

Public Sewer: 1

Utilities

Sewer Available: 1 Water Available: 1

Heating

Electric: 1

Water Access

None: 1

Construction Materials

Block: 1 Concrete: 1 Frame: 1

Listing Terms

Cash: 1 Conventional: 1 Cryptocurrency: 1 VA Loan: 1 Other: 1

Roof

Composition: 1

Water Source

Public: 1

Income and Expenses

Annual Total Expense: 0 Gross Income: 48000

Source Of Expenses

Information Limited: 1

Cooling

Wall/Window Unit(s): 1

Showing Requirements

24 Hour Notice: 1 Appointment Only: 1 Call Listing Agent: 1 Listing Agent Must Accompany: 1 Occupied: 1 Schedule Online: 1 Text Listing Agent: 1 See Remarks: 1

Restrictions

No Restrictions: 1

Storm Protection Details

None: 1

Tax Information

No Homestead: 1

Occupant Details

Tenant Occupied: 1

Showing Details

Pet(s) on Premises: Yes

Unit 1 Appliances

Microwave: 1 Range: 1 Refrigerator: 1

Unit 1 Details

Actual Rent: 1500 Baths Full: 1 Beds Total: 2 Efficiency YN: No Furnished: Unfurnished Hotel Room YN: No SqFt: 901

Unit 1 Other Equipment

Air Conditioning Unit: 1

Unit 1 Parking Details

Carport YN: Yes Attached Carport YN: Yes

Unit 1 Parking Features

Parking Space: 1

Unit 1 Rooms

Family Room: 1 Kitchen: 1

Unit 2 Appliances

Refrigerator: 1

Unit 2 Details

Actual Rent: 1200 Baths Full: 1 Efficiency YN: Yes Furnished: Unfurnished SqFt: 281

Unit 2 Other Equipment

Air Conditioning Unit: 1

Unit 2 Parking Features

Parking Space: 1

Unit 2 Rooms

Kitchen: 1

Unit 3 Appliances

Refrigerator: 1

Unit 3 Details

Actual Rent: 1300 Baths Full: 1 Beds Total: 1 SqFt: 463

Unit 3 Other Equipment

Air Conditioning Unit: 1

Unit 3 Parking Features

Parking Space: 1

Unit 3 Rooms

Kitchen: 1

Price Calculations

Current Price To SqFt: 471.12

Acreage Description

Less Than 1/4 Acre Lot: 1 Less Than 1 Acre Lot: 1

Originating Details

Originating System Key: 20251028155050886145000000 Originating System ID: M00000170

Property Features

Documents Available: None Exterior Features: None Flooring: Concrete; Wood Property Condition: Resale Structure Type: Triplex Tenant Pays: Electricity; Gas; Water Source Of Expenses: Information Limited Construction Materials: Block; Concrete; Frame Cooling: Wall/Window Unit(s) Heating: Electric Listing Terms: Cash; Conventional; Cryptocurrency; VA Loan; Other Possession: Close Of Escrow; Negotiable Restrictions: No Restrictions Roof: Composition Sewer: Public Sewer Special Information: Sold As-Is Storm Protection Details: None Tax Information: No Homestead Utilities: Sewer Available; Water Available Water Access: None Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Listing Agent Must Accompany; Occupied; Schedule Online; Text Listing Agent; See Remarks Occupant Details: Tenant Occupied Unit 1 Appliances: Microwave; Range; Refrigerator Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Parking Space Unit 1 Rooms: Family Room; Kitchen Unit 2 Appliances: Refrigerator Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Parking Space Unit 2 Rooms: Kitchen Unit 3 Appliances: Refrigerator Unit 3 Other Equipment: Air Conditioning Unit Unit 3 Parking Features: Parking Space Unit 3 Rooms: Kitchen Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot
Listing Office: Serhant
IDX
Last Updated: May - 04 - 2026
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