Basic Information

  • MLS # A12104975
  • Type Quadruplex
  • Status Active
  • Subdivision/Complex Coral Ridge Isles
  • Year Built 1967
  • Total Sqft 2,612
  • Date Listed 10/12/2026
  • Days on Market 10
Description

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!

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type C B S Concrete Block Structure, Block
  • Parking Description
  • Exterior Features Fence, Security High Impact Doors, Lighting, Storm Security Shutters
  • Roof Description Shingle
  • Style Quadruplex

Interior Features

  • Adjusted Sqft 2,612Sq.Ft
  • Cooling Description Wall Window Units
  • Floor Description Tile
  • Heating Description None
  • Sqft 2,612Sq.Ft

Property Features

  • Address 5861 NE 18th Ave
  • Aprox. Lot Size 2,612
  • Architectural Style Fourplex
  • City Fort Lauderdale
  • Community Features Laundry Facilities
  • Construction Materials C B S Concrete Block Structure, Block
  • County Broward
  • Furnished Info no
  • Levels One
  • Listing Terms Cash, Conventional, F H A, Owner May Carry
  • Lot Features Flood Zone, Less Than Quarter Acre
  • Occupant Type Tenant
  • Pool Features None
  • Possession Closing And Funding, Close Of Escrow
  • Postal City Fort Lauderdale
  • Public Survey Section One
  • Roof Shingle
  • Sewer Description Public Sewer
  • Stories 1
  • Subdivision Complex
  • Subdivision Info Coral Ridge Isles
  • Tax Amount $15,234
  • Tax Legal desc CORAL RIDGE ISLES 45-47 B LOT 10 BLK 9
  • Tax Year 2025
  • Terms Considered Cash, Conventional, F H A, Owner May Carry
  • Type of Property Quadruplex
  • Water Source Public
  • Window Features Impact Glass
  • Year Built Details Resale

5861 NE 18th Ave

Fort Lauderdale, FL 33334

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