Duplex Income Property
For Sale
$1,290,000
1816-1818 Middle River Drive, Fort Lauderdale, FL 33305
Duplex with two rented units and recently completed new sewer work, with zoning allowing duplex or single-home use.
Property SizeContact for details
Lot Size0.20 Acres
Days on Market51
Property Features for 1816-1818 Middle River Drive
General Information
Standard status
Active
Lot size
0.20 Acres
Property subtype
Land
Zoning
RC-15
Occupancy
100%
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$12,055
Building Details
Tenancy
Multi
Listing Agency:
Miami Life Realty LLC
Listed By:
Jorge Kupferman · License #A11918277
(786) 304-9839
Source:
Laerrealty
Added: Jul 20
Changed: Sep 4
Last Checked: Sep 7 at 4:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Miami Life Realty LLC
Investment Insights
Based on property information with market context.
This duplex income property includes two rented units: a 1-bedroom/1-bath unit and a 1-bedroom/2-bath unit. The property is currently operating with both units leased. Public remarks also note that new sewer work was completed in late 2023.
The property is in the Coral Ridge area, and the stated zoning allows either a duplex or a single home. The owner is considering either keeping the duplex in place or demolishing it to support new construction on a legally subdivided lot. Approved plans are referenced in the attachments section.
According to the provided information, the legally subdivided lot would include 1816 and 1818, with plans described for two new properties sized at 4,184 and 4,595 square feet respectively.
The property is in the Coral Ridge area, and the stated zoning allows either a duplex or a single home. The owner is considering either keeping the duplex in place or demolishing it to support new construction on a legally subdivided lot. Approved plans are referenced in the attachments section.
According to the provided information, the legally subdivided lot would include 1816 and 1818, with plans described for two new properties sized at 4,184 and 4,595 square feet respectively.
Key Highlights
- Duplex in the Coral Ridge area with two currently rented units
- New sewer work completed in late 2023
- Rents: 1BD/1BA unit at $1,900/month and 1BD/2BA unit at $2,100/month
Property Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
817
Businesses Nearby
Explore this area
Business Placement
Demographics for 33305, FL
12,044
Population
8,285
Households
1.5
Avg Household Size
52
Median Age
54%
College-Educated
96%
High-School Grad
2.2 sq mi
ZIP Area
5,475
Density / Sq Mi
$89,944
Median Household Income
$60,924
Median Earnings
$1,850
Median Rent
$558,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex with two rented units and recently completed new sewer work, with zoning allowing duplex or single-home use.
Where is this duplex located?
The property is located at 1816-1818 Middle River Drive Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: Duplex in the Coral Ridge area with two currently rented units; New sewer work completed in late 2023; Rents: 1BD/1BA unit at $1,900/month and 1BD/2BA unit at $2,100/month
