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5861 NE 18th Avenue, Fort Lauderdale, FL 33334
$1,200,000
Property Type:
Residential Income
Square Footage:
2,612
Status:
Active
Current Price:
$1,200,000
List Date:
10/12/2026
Last Modified:
10/12/2026
Overview
Description
...
(Read more)
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!
Listing Details MLS# A12104975
General Property Information
- Number Of Units Total
- 4
- Property Sub Type
- Quadruplex
- Building Area Main
- 2612
- Living Area Main
- 2612
- Adjusted Area Main
- 2612
- Year Built
- 1967
- Parking Total
- 9
- Stories Total
- Yes
- Pool Private YN
- No
Property Features
Documents Available:
Investment Analysis; Other Available Information
Exterior Features:
Lighting
Fencing:
Fenced
Flooring:
Tile
Property Condition:
Resale
Structure Type:
Multi Family
Construction Materials:
Block; CBS
Cooling:
Wall/Window Unit(s)
Heating:
Separate Meters; None
Laundry Features:
Outside
Listing Terms:
Cash; Conventional; FHA; Owner Will Carry
Possession:
Close Of Escrow; Negotiable
Roof:
Shingle
Sewer:
Public Sewer
Tax Information:
City/County
Utilities:
Cable Not Available
Water Access:
None
Water Source:
Public
Showing Requirements:
Call Listing Agent
Unit 1 Appliances:
Microwave; Range; Refrigerator
Unit 1 Other Equipment:
Air Conditioning Unit
Unit 1 Parking Features:
Parking Space
Unit 1 Rooms:
Family Room; Kitchen
Unit 2 Appliances:
Microwave; Range; Refrigerator
Unit 2 Other Equipment:
Air Conditioning Unit
Unit 2 Parking Features:
Parking Space
Unit 3 Appliances:
Microwave; Range; Refrigerator
Unit 3 Other Equipment:
Air Conditioning Unit
Unit 3 Parking Features:
Parking Space
Unit 4 Appliances:
Microwave; Range; Refrigerator
Unit 4 Other Equipment:
Air Conditioning Unit
Unit 4 Parking Features:
Parking Space
Contract Information
- Comp Sale YN
- No
- Original List Price
- 1200000
Location and Legal
- Country
- United States
- County Or Parish
- Broward
- County Parish Name
- Broward
- Street Number
- 5861
- Street Direction Prefix
- NE
- Street Name
- 18th
- Street Suffix
- Avenue
- City Name
- Fort Lauderdale
- State Or Province
- FL
- Postal Code
- 33334
- Postal Code +4
- 6211
- Postal Zip
- 33334
- Subdivision Name
- CORAL RIDGE ISLES
- Development Name
- Coral Ridge Isles
- Area
- 3350
- Geographic Area
- FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
- Elementary School
- Floranada
- Middle Or Junior School
- James S. Rickards
- High School
- Northeast
- Parcel Number
- 494211061320
- Subdivision Number
- 6
- Zoning
- RMM-25
- Flood Zone
- AE
Financial Information
- Tax Annual Amount
- 15234
- Tax Year
- 2025
- Tax Legal Description
- CORAL RIDGE ISLES 45-47 B LOT 10 BLK 9
Status Change Information
- Major Change Timestamp
- 2026-10-12T04:00:00Z
- Major Change Type
- New Listing
- Status Change Date
- 2026-10-12
More Information
Income and Expenses
- Gross Income
- 7550
Storm Protection
- Impact Glass
- Partial
- Panel Shutters
- Partial
Unit 1 Details
- Actual Rent
- 2350
- Baths Full
- Yes
- Efficiency YN
- No
- Furnished
- Unfurnished
Unit 1 Lease Description
- Currently Leased YN
- Yes
Unit 2 Details
- Actual Rent
- 2000
- Baths Full
- Yes
- Efficiency YN
- No
- Furnished
- Unfurnished
Unit 2 Lease Description
- Currently Leased YN
- Yes
Unit 3 Details
- Actual Rent
- 1600
- Baths Full
- Yes
- Efficiency YN
- No
- Furnished
- Unfurnished
Unit 3 Lease Description
- Currently Leased YN
- Yes
Unit 4 Details
- Actual Rent
- 1600
- Baths Full
- Yes
- Efficiency YN
- No
- Furnished
- Unfurnished
Unit 4 Lease Description
- Currently Leased YN
- Yes
Price Calculations
- Current Price To SqFt
- 459.41
Section Details
- Parcel Number MLX
- 1320
Originating Details
- Originating System Key
- 566727240
- Originating System ID
- M00000151
Documents
Listing Office:
Icon Realty Advisors LLC

Last Updated: October - 12 - 2026
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