Virtual TourMap

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

  1. Listing updated with changes from the MLS®
  2. Listing first seen on site
  3. Price changed to $1,200,000
  4. Status changed to Active

Friends & Family

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Listing courtesy of Icon Realty Advisors LLC (954) 821-1777

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-15 03:18 AM EST

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