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954.740.1776
Real Estate Company
5861 NE 18th Avenue, Fort Lauderdale, FL 33334
- $1,200,000
- 2,612
- SqFt
- List Price
- $1,200,000
- Days on Market
- 0
- MLS#
- A12104975
- Sq. Ft
- 2,612
- Subtype
- Quadruplex
- County
- Broward
- Subdivision
- Coral Ridge Isles
- Year Built
- 1967
Property 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!
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Additional Information
- Construction
- CBSConcreteBlockStructure, Block
- Cooling
- Wall/Window Unit(s)
- Flooring
- Tile
- Heating
- None, Separate Meters
- Roof
- Shingle
- Taxes
- $15,234
- Utilities
- Cable Not Available
- Waterfront
- None
- Stories
- 1
- Price Per Sqft
- $459
- Elementary School
- Floranada
- Middle School
- James S. Rickards
- High School
- Northeast
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Listing courtesy of Icon Realty Advisors LLC. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Oliver Kevin Bautista | Email: oliver.kbautista@gmail.com