For SaleQuadruplexActive
5861 NE 18th Ave
Fort Lauderdale, FL 33334
$1,200,000
33 Days On Site
- 2,612Sq Ft
- $459Per Sq Ft
- 1967Built
- Subdivision
- Coral Ridge Isles
- County
- Broward
- MLS®
- A12104975
Overview
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!
Listing Snapshot
- Price
- $1,200,000
- Days On Site
- 33 Days
- Bedrooms
- N/A
- Inside Area (SqFt)
- 2,612 sqft
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- 0
- Lot Size
- N/A
- Year Built
- 1967
- MLS® Number
- A12104975
- Status
- Active
- Property Tax
- $15,234 (2025)
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- N/A
Property Details
General Features
9 items
- Levels
- One
- Parking Spaces
- 9
- Property Sub Type
- Quadruplex
- Sewer
- Public Sewer
- SqFt Total
- 2,612
- Style
- Fourplex
- Utilities
- Cable Not Available
- Water Source
- Public
- Zoning
- RMM-25
Interior Features
3 items
- Cooling
- Wall/Window Unit(s)
- Flooring
- Tile
- Laundry Features
- Common Area
Exterior Features
5 items
- Construction Details
- Block, Concrete
- Exterior
- Lighting
- Fencing
- Fenced
- Pool Features
- None
- Roof
- Shingle
Community Features
2 items
- MLS Area
- 3350
- Financing Terms Available
- Cash, Conventional, FHA, Owner May Carry
Location
5861 NE 18th Ave, Fort Lauderdale, FL 33334 · 3350
Neighborhood & Commute
ZIP Code 33334
- Median household income
- $64,721
- Income per person
- $40,370
- Households
- 13,417
- Average household size
- 2.16
- Median age
- 42.6
Source: Walk Score.
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Price & Status History
- Listing updated with changes from the MLS®
- Listing first seen on site
- Price changed to $1,200,000
- Status changed to Active
Friends & Family
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