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5861 18th Ave, Fort Lauderdale, FL
Offering:
For Sale
Location:
Fort Lauderdale, FL 33334
Subdivision:
CORAL RIDGE ISLES
Status:
Active
$1,200,000
Deemed reliable but not guaranteed.
Details
Year built:
1967
Levels:
One
Stories:
1
Parking:
9 spaces
Style:
Fourplex
Annual tax (2025):
$15,234
Type:
Quadruplex
MLS ID
A12104975
Listed by:
Icon Realty Advisors LLC (INAD01)
Listing office phone:
954-951-4266
Listing office email:
Listing agent:
Oliver Bautista (3440701)
Features
Utilities
Available:
Cable Not Available
Water source:
Public
Sewer:
Public Sewer
Description
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!
Price history
$1,200,000 → $1,200,000
· 1 price changes
Location
5861 NE 18th AveFort Lauderdale, FL 33334
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MLS information
Last updated Oct 12, 2026
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.
