Fort Lauderdale, FL 33316Price: $850,000

Located in the highly desirable Harbordale neighborhood just south of the 17th Street Causeway, 823 SE 18th Street presents one of Fort Lauderdale's most compelling opportunities for investors, builders, and developers. This prominent corner lot at the intersection of SE 18th Street and Miami Road offers a rare combination of immediate rental income, flexible redevelopment potential, and exceptional location in one of the city's most in-demand east-side enclaves.The 9,505 SF parcel is zoned RMM-25, allowing up to 25 units per acre--translating to a maximum of 9 units as-of-right on this site. Existing structures include two separate dwellings: 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, providing immediate income with the flexibility to vacate and redevelop as needed. The layout and dual street frontage present prime opportunities for design-forward projects including boutique multifamily buildings, modern garage-townhome clusters, or high-return short-term rental compounds. Harbordale is one of Fort Lauderdale's fastest-evolving neighborhoods, drawing attention from both institutional and boutique developers for its rare blend of residential charm, walkability, and direct proximity to the city's most important lifestyle and transportation nodes. The property is just steps from Harbor Shops, grocery stores, fitness studios, cafés, and restaurants, while also one block from Harbordale Parka favorite local green space. Within a ten-minute drive are Fort Lauderdale-Hollywood International Airport, Port Everglades, Las Olas Boulevard, and the beach. The site is especially attractive to buyers and tenants connected to the marine, travel, and hospitality sectors given its unbeatable access to yachting marinas, cruise terminals, and major highways like US-1 and I-595. The existing buildings provide a functional and livable setup for continued cash flow or bridge occupancy. The classic South Florida architecture offers short-term utility, but the real value lies in the land and zoning. Developers will appreciate the multiple build paths supported by the site: a 9-unit apartment building, 3-5 luxury townhomes, or a purpose-built STR property with shared outdoor amenities. Harbordale's zoning and growth trends support each of these models, and the corner positioning allows for smart design integration including private entries, garage access, and modern courtyard-style layouts. As demand continues to increase in Fort Lauderdale's east-side neighborhoods, Harbordale stands out as one of the last accessible zones for scaled infill development. Nearby infrastructure upgradesincluding airport expansion, marina improvements, and continued downtown investmentfurther elevate the long-term value of properties like this. For developers focused on short-term rental models, the site's proximity to the cruise port, downtown, and the beach offers consistent year-round occupancy. For long-term investors, Harbordale's high absorption rates, solid rent growth, and limited land supply provide a stable foundation for appreciation and liquidity. This property is being offered as a development opportunity. Buyers are responsible for verifying all zoning uses, density allowances, and permitting 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 buyers the flexibility to maintain steady revenue, reposition the asset, or move directly into new construction. Whether your goal is to build now or land-bank for future growth, 823 SE 18th Street offers a rare combination of location, density, flexibility, and existing income in one of the most strategic pockets of South Florida.