$1,200,000
5861 NE 18th Ave, Fort Lauderdale FL 33334
19 days on market
- Living area
- 2,612 sqft
- Price per sqft
- $459
- Type
- Quadruplex
- Year built
- 1967
- Taxes
- $15,234/yr
- MLS #
- A12104975
About this home
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!
Estimated subtotal
$1,270/mo
- Principal and interestThe current market rate is not available right now. Enter the rate your lender quoted.
- Not included
- Property taxMLS 2025 annual tax, shown monthly
- $1,270
- HOANot in the MLS record
- Not included
The current market rate is not available right now. Enter the rate your lender quoted.
Estimate. Jumbo and investor loans are often priced differently; verify with your lender. Property tax is the seller's current bill and may be reassessed after purchase. Items marked Not included are not in this total.
Is this the right price?
We send written comps, the full cost of owning it and an offer strategy before you tour or offer.
The neighborhood
Fort Lauderdale, 33334
What to check here
Compare coastal condo obligations; for waterfront homes, check seawalls, dockage and bridge clearance.
Listing courtesy of Icon Realty Advisors LLC
Listing data provided by the Miami Association of Realtors MLS, deemed reliable but not guaranteed.