5861 NE 18th Ave Fort Lauderdale FL 33334 | MLS #A12104975

5861 NE 18th Ave
Fort Lauderdale, FL, 33334
$1,200,000
Beds
0 Baths
2,612 SqFt
0 Acres
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MLS #A12104975 image #0
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!

Property Details

Price:
$1,200,000
MLS #:
A12104975
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
CORAL RIDGE ISLESCoral Ridge Isles
Neighborhood:
coralridgeisles
Listed Date:
Oct 12, 2026
Finished Sq Ft:
2,612
Total Sq Ft:
2,612
Year Built:
1967
Units:
4
Coral Ridge IslesCoralridgeislesCoral Ridge Islescoral Ridge Isles

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Schools

Interior

Cooling
Wall/Window Unit(s)
Flooring
Tile
Heating
None

Exterior

Architectural Style
Attached, Ranch
Building Features
Laundry Facility
Construction Materials
Concrete Block Construction, CBS Construction
Exterior Features
Exterior Lights
Fencing
Fenced
Lot Features
Less Than 1/4 Acre Lot
Parking Spots
9
Parking Total
9
Roof
Shingle
Stories
1
Window Features
Clear Impact Glass, Partial Impact Glass, Partial Panel Shutters/Awnings, High Impact Windows, Impact Glass

Financial

Tax Year
2025
Taxes
$15,234

Map

Community

Subdivisions in Fort Lauderdale

Market Summary

Current real estate data for Multi Family in Fort Lauderdale as of Oct 26, 2026
87
Multi Family Listed
123
Avg DOM
441
Avg $ / SqFt
$1,198,875
Avg List Price

Property Summary

    Located in the CORAL RIDGE ISLESCoral Ridge Isles subdivision, 5861 NE 18th Ave Fort Lauderdale FL is a Multi Family for sale in Fort Lauderdale, FL, 33334. It is listed for $1,200,000 To schedule a showing of MLS#a12104975 at 5861 NE 18th Ave in Fort Lauderdale, FL, contact your CENTURY 21 Carioti agent at 2392986550.

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