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5861 18th Avenue

Fort Lauderdale, FL 33334

·0 ba·2,612 sqft

$1,200,000

5861 18th Avenue

Fort Lauderdale, FL 33334

$1,200,000

Active

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!

0Baths
2,612Sq Ft
15Days on Market

Details

MLS Number
A12104975
List Date
October 12, 2026
Year Built
1967
Living Area
2,612 sqft
Status
Active
Property Type
ResidentialIncome
Style
Quadruplex

Property Info

Summary

Location and General Information

  • •City and Location Text: Fort Lauderdale
  • •County Or Parish: Broward
  • •MLS Area: 3350
  • •MLS Sub Area: FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
  • •Postal Code: 33334
  • •State: FL
  • •Street #: 5861
  • •Subdivision / Complex: CORAL RIDGE ISLES
  • •Parcel ID: 494211061320
  • •Zoning: RMM-25

Taxes and HOA Information

  • •Annual Taxes: $15,234
  • •Tax Year: 2025

Parking

  • •Num Parking Spaces: 9

School Information

  • •Elementary School: Floranada
  • •Middle School: James S. Rickards
  • •High School: Northeast

Virtual Tour

  • •Unbranded Virtual Tour: https://www.propertypanorama.com/instaview/mia/A12104975

Property

Lot Information

  • •Zoning: RMM-25

Building Information

  • •Year Built: 1967
  • •Living Area: 2,612 sqft
  • •Building Area Total: 2,612 sqft
  • •Full Baths: 0
  • •Stories: 1
  • •Property Condition: Resale

Interior & Exterior

Interior

  • •Flooring: Tile
  • •Heating: None,Separate Meters
  • •Cooling: Wall Window Units

Exterior

  • •Construction: CBSConcrete Block Structure,Block
  • •Roof: Shingle
  • •Exterior Features: Lighting

Utilities

  • •Water Source: Public
  • •Sewer: Public Sewer

Association & Community

Directions & Tours

  • •Virtual Tour: https://www.propertypanorama.com/instaview/mia/A12104975

Location

Map showing location of 5861 18th Avenue

Listed by Icon Realty Advisors LLC · Oliver Kevin Bautista

Listing data provided by BeachesMLS · MLS #A12104975.

Information is deemed reliable but is not guaranteed and should be independently verified. © 2026 BeachesMLS. All rights reserved.

Listing History

October 12, 2026Listed$1,200,000
CurrentDays on Market15 days
SourceBeachesMLSMLS #A12104975

Mortgage Calculator

$
$
$

Estimated Monthly Payment

$8,086.90

Principal & Interest

$6,386.90

Taxes

$1,200.00

Insurance

$500.00

This is an estimate for illustrative purposes only. Actual payments will vary. Consult a licensed mortgage professional.

Quick Facts

Status
Active
MLS #
A12104975
Days on Market
15 days
Type
ResidentialIncome
Year Built
1967
Price / Sqft
$459/sqft
Annual Taxes
$15,234
Neighborhood
CORAL RIDGE ISLES
County
Broward

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