5861 NE 18th, Fort Lauderdale, FL 33334
5861 NE 18th, Fort Lauderdale, FL 33334
5861 NE 18th, Fort Lauderdale, FL 33334
22
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Listed by Oliver Bautista • Icon Realty Advisors LLC
$1,200,000
Est. payment /mo
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2,612 SqFt
New

5861 NE 18th Fort Lauderdale, FL 33334

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Allison Roman

Allison Roman

+1(321) 720-2141

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 Ranch

Construction Status Resale

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

Area 3350

Interior

Heating None

Cooling Wall/ Window Unit(s)

Fireplace No

Window Features Impact Glass,Storm Window(s)

Exterior

Exterior Feature Fence

Utilities Available Sewer Available, Water Available, Water Connected

Water Access Desc Public

Roof Type Composition, Shingle

Total Parking Spaces 9

Private Pool No

Building

Story 1

Sewer Public Sewer

Water Public

Architectural Style Ranch

Construction Status Resale

Others

HOA Fee Include Maintenance Grounds,Sewer,Trash,Water

Tax ID 494211061320

Acceptable Financing Cash, Conventional, Owner May Carry

Listing Terms Cash, Conventional, Owner May Carry

Special Listing Condition Listed As- Is

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

Martin County REALTORS® of the Treasure Coast (MCRTC MLS)

NEARBY SCHOOL & BUSINESS

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Allison Roman

Allison Roman

Agent License ID: 3409788

+1(321) 720-2141

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5861 NE 18th