5861 NE 18th Avenue For Sale
Property Details
| Asking Price | $1,200,000 |
|---|---|
| Price per SqFt | $459 |
| Property Taxes | $15,234 2025 |
| Interior Space | 2,612 SqFt |
| Beds/Baths | —/— |
| Year Built | 1967 |
| Pool | No |
| MLS # | A12104975 |
Location
From the listing
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!
Listed by Icon Realty Advisors LLC
What It Costs to Own
Monthly, before a mortgage and insurance
Taxes $15,234 for 2025. MLS figures, which may not be accurate.
Sales History for This Home · 5861 NE 18th Avenue, Fort Lauderdale, FL 33334
Sales history is unavailable for this property
Listed by Icon Realty Advisors LLC. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Fort Lauderdale and throughout South Florida.
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5861 NE 18th Avenue, Fort Lauderdale · MLS A12104975 · $1,200,000
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.