1790 SE 23rd Ave & 2323 SE 18th St Fort Lauderdale, FL 33316

Harbour Beach Residences presents an opportunity to acquire a 16,833 square foot multifamily asset featuring 25 units. Constructed in 1963, the property is situated within RS-8 low-density residential zoning. The property operates as both traditional rentals and short-term rentals with professional third-party management and is fully licensed to do both. The unit mix includes one studio, eighteen 1-bed 1-bath units, four 1-bed 2-bath units, and two 2-bed 2-bath units. Recent capital improvements include new roofs on both buildings, new impact windows, parking resurfacing, AC replacements, new exterior paint, new AC units, and interior electrical panel replacements. The 50-year recertification has been completed. Interior improvements feature new luxury vinyl and tile flooring, new stainless-steel appliances, and modernized kitchens and bathrooms with premium cabinetry, countertops, and vanities. Amenities include in-unit washer/dryers, a common laundry area, a full-sized pool, central air-conditioning throughout, and ample parking for residents and guests. The property has direct beachfront access. It is a highly reviewed Airbnb property with amenities such as fully equipped kitchens and baths, high-end furniture, large private balconies, free Xfinity and streaming services, and access to beach essentials. The property is surrounded by major Class A development, including residential, hotel, and retail spaces. It is located in the Harbour Inlet location, within walking distance of Fort Lauderdale Beach and close proximity to Downtown, featuring restaurants, retailers, nightlife, and recreation. Located just south of SE 17th St, it provides easy access to anywhere along the Fort Lauderdale beaches and Downtown Fort Lauderdale and abroad via US-1 to I-95 and Florida's Turnpike.