5861 NE 18th Avenue #1-4, Fort Lauderdale, FL 33334

Fort Lauderdale
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
5861 NE 18th Avenue #1-4,Fort Lauderdale, FL 33334
$1,300,000
Virtual Tour
  • 6 Beds
  • 6 Baths
  • 2,466 sq. ft.
  • Multi-family
  • Active
Listed by: dale guivas
Office: michael saunders & company
MLS#:TB8463899
Source:MFRMLS

Price summary

  • Price:$1,300,000
  • Price per sq. ft.:$527.17

About this home

Prime Fort Lauderdale Multifamily & Development Opportunity | 5861 NE 18th Ave. An exceptional opportunity to acquire a fully renovated, income-producing multifamily property in one of Fort Lauderdale’s most desirable and rapidly appreciating neighborhoods. This 4-unit asset features a highly desirable unit mix of two (2) 2-bedroom/1-bath units and two (2) 1-bedroom/1-bath units, all completely renovated with modern finishes, making this a true turnkey investment. Designed for strong and stable cash flow, the property offers excellent ROI potential, supported by 8 on-site parking spaces—a rare and valuable amenity that enhances tenant demand and long-term value. What truly sets this property apart is its development upside. With air rights allowing up to three floors, this is an outstanding opportunity for developers looking to expand, redevelop, or maximize density in a high-demand Fort Lauderdale submarket. Whether your strategy is long-term hold, value-add redevelopment,...

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Home facts

  • Year built:1967
  • Listing ID #:TB8463899
  • Added:62 day(s) ago
  • Updated:March 17, 2026 at 12:39 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:6
  • Living area:2,466 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1967
  • Building area:2,466 sq. ft.
  • Lot area:0.17 Acres
  • Construction Materials:Block, Concrete
  • Exterior Features:Fence
  • Foundation Description:Slab
  • Levels:1 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$1,300,000
  • Price per sq. ft.:$527.17
  • Tax amount:$13,928 (2024)

Features and amenities

  • Laundry features:In Common Area
  • Amenities:Open Floorplan
  • Pool features:Public Pool
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