Quadruplex in 5861 NE 18Th Ave #1-4 Fort Lauderdale for sale with MLS# TB8463899
Prime Fort Lauderdale Multifamily & Development Opportunity | 5861 NE 18th Ave. An exceptional opportunity to acquire a fully renovated, income-producing multifamily property in one of Fort Lauderdale's most desirable and rapidly appreciating neighborhoods. This 4-unit asset features a highly desirable unit mix of two (2) 2-bedroom/1-bath units and two (2) 1-bedroom/1-bath units, all completely renovated with modern finishes, making this a true turnkey investment. Designed for strong and stable cash flow, the property offers excellent ROI potential, supported by 8 on-site parking spaces-a rare and valuable amenity that enhances tenant demand and long-term value. What truly sets this property apart is its development upside. With air rights allowing up to three floors, this is an outstanding opportunity for developers looking to expand, redevelop, or maximize density in a high-demand Fort Lauderdale submarket. Whether your strategy is long-term hold, value-add redevelopment, or ground-up expansion, this asset checks every box. Located in a prime NE Fort Lauderdale area, close to major corridors, employment hubs, beaches, dining, and retail, this property benefits from strong rental demand and continued neighborhood growth. Highlights: 4 Units: 2 × 2/1 & 2 × 1/1 Fully renovated interiors throughout 8 dedicated parking spaces Strong in-place income with upside Air rights allowing up to 3 stories Ideal for investors and developers Excellent location in a high-growth area This is a rare combination of immediate cash flow and future development potential-perfect for savvy investors looking to expand their portfolio and developers seeking their next strategic build in Fort Lauderdale.
5861 NE 18Th Ave #1-4, Fort Lauderdale, FL 33334
- Price:
- $1,200,000.00
- Previous Asking Price:
- $1,300,000.00
- Original List Price:
- $1,400,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $486.62
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Fourplex (Quadruplex)
- MLS Number:
- TB8463899
- Bedrooms:
- 6
- Bathrooms Total:
- 6
- Living Area:
- 2,466 Sqft
- Lot Area:
- 7,500 Sqft
- Living Area Source:
- Public Records
- Lot Size Acres:
- 0.17
- Waterfront:
- No
- Interior:
- Open Floorplan
- Exterior:
- Fence, Storage, Private Yard, Private Entrance
- Laundry:
- Common Area
- Air Conditioning System:
- Central Air
- Heating System:
- Central, Electric
- Other Equipment:
- Private Entrance, Private Yard
- Year Built:
- 1967
- Roof:
- Shingle
- Number of Units Total:
- 4
- Construction Materials:
- Block, Concrete
- Foundation Details:
- Slab
- Flood Zone Code:
- AE
- Tax Annual Amount:
- $13,928.00
- Tax Year:
- 2024
- Sewer:
- Septic Tank
- Utilities Available:
- Electricity Connected, Water Connected
- Water Source:
- Public
- Subdivision Name:
- CORAL RIDGE ISLES 45-47 B
- Senior Community:
- No
- Tax Legal Description:
- CORAL RIDGE ISLES 45-47 B LOT 10 BLK 9
- Real Estate Folio Number (Parcel Number):
- 49-42-11-06-1320
- Zoning:
- RMM-25
- Title to the property is held by owner as:
- Fee Simple
- Originally published on:
- January 13, 2026 12:14 pm
- Active on the market since:
- January 13, 2026
- Listing Agreement executed on:
- January 13, 2026
- Price change occurred on:
- March 25, 2026 1:38 pm
- Listing Status Last Changed On:
- January 13, 2026 12:14 pm
- Photos updated on:
- January 13, 2026 7:10 pm
- Last Modified:
- March 25, 2026 1:39 pm
- Courtesy of:
- MICHAEL SAUNDERS & COMPANY
- Attribution:
- 727-472-1144
- Road Surface Type:
- Asphalt
- Street Name:
- 18TH
- Street Number:
- 5861
- Unit Number:
- 1-4
- City:
- FORT LAUDERDALE
- State:
- Florida
- Zip Code:
- 33334
- County:
- Broward
- Latitude:
- N26° 12' 3.5''
- Longitude:
- W81° 52' 36.4''
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
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