516 NW 18th Ave Fort Lauderdale, FL 33311
Dorsey Riverbend NeighborhoodEstimated payment $3,617/month
Highlights
- No HOA
- Central Heating and Cooling System
- 3-minute walk to Lincoln Park
- Tile Flooring
- 1-Story Property
About This Home
This beautifully renovated duplex in Fort Lauderdale is now available for purchase! Each unit features 2 bedrooms and 1 bathroom, complete with brand-new washers, dryers, and updated kitchen appliances including a stove and refrigerator. The property is equipped with impact windows throughout, offering added safety and energy efficiency.
Located in a growing area with multiple development projects on surrounding vacant land, this is a smart investment with strong potential for future appreciation. No flood insurance
Both units are currently rented at $2,000/month, with leases in place through February 2026—a great opportunity for immediate rental income.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,996
Year Built
- Built in 1958
Parking
- 4 Parking Spaces
Home Design
- Duplex
- Concrete Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 1,196 Sq Ft Home
- 1-Story Property
- Tile Flooring
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- 2 Units
- Dorsey Park Third Add Condos
- Dorsey Park Third Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 504204260420
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,996 | $328,580 | $78,750 | $249,830 |
| 2024 | $5,345 | $285,920 | $15,750 | $270,170 |
| 2023 | $5,345 | $215,290 | $0 | $0 |
| 2022 | $4,766 | $195,720 | $15,750 | $179,970 |
| 2021 | $4,364 | $171,600 | $0 | $0 |
| 2020 | $3,999 | $156,000 | $15,750 | $140,250 |
| 2019 | $2,461 | $135,750 | $15,750 | $120,000 |
| 2018 | $2,187 | $131,460 | $15,750 | $115,710 |
| 2017 | $2,034 | $64,470 | $0 | $0 |
| 2016 | $1,947 | $58,610 | $0 | $0 |
| 2015 | $1,749 | $53,290 | $0 | $0 |
| 2014 | $1,642 | $48,450 | $0 | $0 |
| 2013 | -- | $47,810 | $15,750 | $32,060 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | Price Changed | $585,000 | -2.3% | $489 / Sq Ft |
| 06/10/2025 06/10/25 | For Sale | $599,000 | +53.6% | $501 / Sq Ft |
| 05/14/2024 05/14/24 | Sold | $390,000 | 0.0% | $322 / Sq Ft |
| 04/22/2024 04/22/24 | Pending | -- | -- | -- |
| 03/29/2024 03/29/24 | Price Changed | $390,000 | -7.1% | $322 / Sq Ft |
| 03/21/2024 03/21/24 | For Sale | $420,000 | 0.0% | $347 / Sq Ft |
| 03/16/2024 03/16/24 | Pending | -- | -- | -- |
| 03/12/2024 03/12/24 | For Sale | $420,000 | 0.0% | $347 / Sq Ft |
| 02/29/2024 02/29/24 | Pending | -- | -- | -- |
| 02/19/2024 02/19/24 | For Sale | $420,000 | -- | $347 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $390,000 | Firm Title | |
| Warranty Deed | -- | Attorney | |
| Warranty Deed | -- | Attorney | |
| Special Warranty Deed | $54,000 | Attorney | |
| Warranty Deed | $45,000 | United Title Assurance Llc | |
| Special Warranty Deed | $99,900 | Fairview Title | |
| Special Warranty Deed | -- | Fairview Title | |
| Trustee Deed | -- | Attorney | |
| Warranty Deed | $245,000 | Allegiant Title Services Inc | |
| Warranty Deed | $155,000 | -- | |
| Special Warranty Deed | $130,000 | Statewide Title Corporation | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $95,000 | Dolphin Title Company | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $40,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $292,500 | New Conventional | |
| Previous Owner | $52,600 | Commercial | |
| Previous Owner | $140,000 | Commercial | |
| Previous Owner | $196,000 | Commercial | |
| Previous Owner | $49,000 | Commercial | |
| Previous Owner | $108,500 | Commercial | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $90,250 | Commercial |
Source: MIAMI REALTORS® MLS
MLS Number: A11819437
APN: 50-42-04-26-0420
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