5861 NE 18th Ave, Fort Lauderdale, FL 33334
5861 NE 18th Ave, Fort Lauderdale, FL 33334
5861 NE 18th Ave, Fort Lauderdale, FL 33334
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
William Gartin

William Gartin

+1(305) 842-6097
$1,200,000
Est. payment /mo
2,612 SqFt
Save Virtual Tour

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,612 sqft

Price per Sqft $459

Subdivision Coral Ridge Isles

MLS Listing ID A12104975

Style Fourplex

HOA Y/N No

Year Built 1967

Annual Tax Amount $15,234

Tax Year 2025

Property Sub-Type Quadruplex

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!

Location

State FL

County Broward

Community Coral Ridge Isles

Area 3350

Zoning RMM-25

Interior

Heating None

Cooling Wall/Window Unit(s)

Flooring Tile

Window Features Impact Glass

Exterior

Exterior Feature Fence, Security/High Impact Doors, Lighting, Storm/Security Shutters

Pool None

Community Features Laundry Facilities

Utilities Available Cable Not Available

Roof Type Shingle

Total Parking Spaces 9

Private Pool No

Building

Lot Description Flood Zone, < 1/4 Acre

Story 1

Sewer Public Sewer

Water Public

Architectural Style Fourplex

Level or Stories One

Structure Type CBSConcreteBlockStructure,Block

Others

Tax ID 494211061320

Acceptable Financing Cash, Conventional, FHA, Owner May Carry

Listing Terms Cash, Conventional, FHA, Owner May Carry

Special Listing Condition Listed As-Is

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

Read Less Info
Miami Association of Realtors (SEFMIAMI MLS)
Listed by Icon Realty Advisors LLC

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

William Gartin

William Gartin

+1(305) 842-6097

Agent License ID: 3422133

Agent License ID: 3422133

Name

Name

Phone*

Phone

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from William Gartin, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

};