Quadruplex in 5861 NE 18th Avenue, Fort Lauderdale, FL 33334 for sale with MLS# A12104975
PRIME TURNKEY INVESTMENT IN CORAL RIDGE ISLES! Exceptional opportunity to own a fully occupied, income-producing fourplex in one of Fort Lauderdale's highly desirable neighborhoods. Generating $7,700 in monthly gross income and $92,400 annually, this meticulously maintained property features all four units occupied with signed lease agreements, providing immediate rental income from day one. Extensively renovated with major improvements already completed, including a newer roof (2020), private patios for each unit (2023), impact windows (2024), tankless water heaters (2024), renovated kitchens and bathrooms (2024), commercial Speed Queen washer and dryer (2024), replaced main sewer line (2025), and resurfaced parking lot (2026). Additional upgrades include exterior lighting and hurricane protection. Ideally situated in Coral Ridge Isles, less than 10 minutes from the beach, Downtown Fort Lauderdale, Pompano Beach, parks, schools, supermarkets, shopping, dining, and entertainment. With extensive upgrades, established rental income, and minimal maintenance requirements, this property offers the perfect combination of location, convenience, and investment potential. Whether you're expanding your portfolio or acquiring your first multifamily investment, this is an opportunity you don't want to miss! Owner financing available!
5861 NE 18th Avenue, Fort Lauderdale, FL 33334
- Price:
- $1,200,000.00
- Original List Price:
- $1,200,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $459.41
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Fourplex (Quadruplex)
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- October 12, 2026 4:00 am
- Living Area:
- 2,612 Sqft
- Built-Up Area:
- 2,612 Sqft
- Waterfront:
- No
- Exterior:
- Lighting
- Laundry:
- Outside
- Air Conditioning
- Air Conditioning System:
- Wall/window Unit(s)
- Heating System:
- None, Separate Meters
- Fence:
- Fenced
- Storm Protection Impact Glass:
- Partial
- Year Built:
- 1967
- Roof:
- Shingle
- Number of Units Total:
- 4
- Levels:
- Two
- Construction Materials:
- Block, CBS
- Flooring:
- Tile
- Number of stories:
- 1
- Structure Type:
- Multi Family
- Number of Units in the Community or Building:
- 4
- Flood Zone Code:
- AE
- Property Condition:
- Resale
- Tax Annual Amount:
- $15,234.00
- Tax Year:
- 2025
- Property Tax Details:
- City/County
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Not Available
- Water Source:
- Public
- Subdivision Name:
- CORAL RIDGE ISLES
- Senior Community:
- No
- Development Name:
- Coral Ridge Isles
- Documents Available:
- Other Available Information, Investment Analysis
- Listing Terms Considered by Seller:
- Cash, Conventional, FHA, Owner Will Carry Points
- Buyer Possession:
- Negotiable, Close Of Escrow
- Tax Legal Description:
- CORAL RIDGE ISLES 45-47 B LOT 10 BLK 9
- Real Estate Folio Number (Parcel Number):
- 494211061320
- Zoning:
- RMM-25
- Elementary School:
- Coral Reef (miami-dade)
- High School:
- Northeast
- Middle Or Junior School:
- James S. Rickards
- Active on the market since:
- October 12, 2026
- Listing Agreement executed on:
- October 12, 2026
- Listing Status Last Changed On:
- October 12, 2026 4:00 am
- Photos updated on:
- October 12, 2026 2:48 pm
- Last Modified:
- October 12, 2026 9:04 pm
- Courtesy of:
- Icon Realty Advisors LLC
- Attribution:
- Not provided
- Street Name:
- 18th
- Street Number:
- 5861
- City:
- Fort Lauderdale
- State:
- Florida
- Zip Code:
- 33334
- County:
- Broward
- Latitude:
- N26° 12' 3.5''
- Longitude:
- W81° 52' 36.4''
- Street Suffix:
- Avenue
- Street Direction Prefix:
- NE
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Ver la propiedad 5861 NE 18th Avenue, Fort Lauderdale, FL 33334
