5861 NE 18th Ave, Fort Lauderdale, FL 33334
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
Listed by: oliver bautista
Office: icon realty advisors llc.954-951-4266
MLS#:A12104975
Source:SEFMLS
Price summary
- Price:$1,200,000
- Price per sq. ft.:$459.42
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!...
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Home facts
- Year built:1967
- Subdivision & Development:CORAL RIDGE ISLES
- Listing ID #:A12104975
- Updated:October 12, 2026 at 09:59 PM
Rooms and interior
- Flooring:Tile
- Living area:2,612 sq. ft.
Heating and cooling
- Cooling:Wall/Window Units
Structure and exterior
- Roof:Shingle
- Year built:1967
- Building area:2,612 sq. ft.
- Lot Features:Flood Zone
- Architectural Style:Fourplex
- Construction Materials:Block
- Exterior Features:Fence, Security High Impact Doors, Storm Security Shutters
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,200,000
- Price per sq. ft.:$459.42
- Tax amount:$15,234 (2025)
Features and amenities
- Amenities:Impact Glass Windows, Lighting
Parking
- Total parking spaces:9
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