$950,000New
3,047 sqft
700 SW 16th Ave, Fort Lauderdale, FL 33312
RIVERSIDE NO 2
5861 NE 18th Ave, Fort Lauderdale, FL 33334
$1,200,000— Beds— Baths2,612 Sq. Ft.$459 / sq. ft.
Fort Lauderdale, FL 33334 · CORAL RIDGE ISLES
Status
Active
Type
Quadruplex
Year Built
1967
Days on Market
0
MLS #
A12104975
County
Broward County
Listing Remarks — 5861 NE 18th Ave, Fort Lauderdale, FL 33334
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!
Inside the Residence: 5861 NE 18th Ave, Fort Lauderdale, FL 33334
- Flooring
- Tile
- Heating
- None
- Cooling
- Wall/Window Unit(s)
- Architectural Style
- Attached, Ranch
- Pool Private
- No
- Year Built Details
- Resale
Building & Association Facts — 5861 NE 18th Ave, Fort Lauderdale, FL 33334
- Building Name
- CORAL RIDGE ISLES
- Building Area Total
- 2612
- Building Area Units
- Square Feet
- Stories
- 1
- Stories Total
- 1
- Association
- No
Site, Views & Construction — 5861 NE 18th Ave, Fort Lauderdale, FL 33334
- Lot Features
- Less Than 1/4 Acre Lot
- Lot Size Square Feet
- 0
- Waterfront
- No
- View
- No
- Construction Materials
- Concrete Block Construction, CBS Construction
- Roof
- Shingle
- Exterior Features
- Exterior Lights
- Sewer
- Public Sewer
- Water Source
- Municipal Water
- New Construction
- No
Tax & Parcel Record — 5861 NE 18th Ave, Fort Lauderdale, FL 33334
- Parcel Number
- 494211061320
- Tax Annual Amount
- $15,234
- Tax Year
- 2,025
- Tax Legal Description
- CORAL RIDGE ISLES 45-47 B LOT 10 BLK 9
- Zoning
- RMM-25
- County Or Parish
- Broward County
On the Map
5861 NE 18th Ave, Fort Lauderdale, FL 33334 · More homes in Fort Lauderdale
Courtesy of Icon Realty Advisors LLC
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Quick Facts: 5861 NE 18th Ave, Fort Lauderdale, FL 33334
Listing summary: multi-family home for sale at 5861 NE 18th Ave, Fort Lauderdale, FL 33334. It came to market on October 12, 2026 through Icon Realty Advisors LLC. Public schools here fall under Broward County Public Schools. Layout: 2,612 sqft, in a structure dating to 1967.