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MLS #A12104975 image #0
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!
Current real estate data for Multi Family in Fort Lauderdale as of Nov 03, 2026
182
Multi Family Listed
132
Avg DOM
446
Avg $ / SqFt
$1,161,758
Avg List Price
Listing Provided Courtesy of Icon Realty Advisors LLC at 954-951-4266

Property Details

Price:
$1,200,000
MLS #:
A12104975
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
CORAL RIDGE ISLES
Neighborhood:
3350
Listed Date:
Oct 12, 2026
Finished Sq Ft:
2,612
Total Sq Ft:
2,612
Year Built:
1967
Units:
4
Coral Ridge IslesFloranadaJames S. RickardsNortheast

Schools

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

Interior

Cooling
Wall/Window Unit(s)
Flooring
Tile
Heating
Separate Meters, None
Laundry Features
Outside

Exterior

Construction Materials
Block, CBS
Exterior Features
Lighting
Fencing
Fenced
Roof
Shingle
Waterfront Features
None

Financial

Tax Year
2025
Taxes
$15,234

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Property Summary

    Located in the CORAL RIDGE ISLES subdivision, 5861 NE 18th Avenue Fort Lauderdale FL is a Multi Family for sale in Fort Lauderdale, FL, 33334. It is listed for $1,200,000 To schedule a showing of MLS#a12104975 at 5861 NE 18th Avenue in Fort Lauderdale, FL, contact your Trust House Realty agent at 9543362003.

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