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5861 NE 18th Avenue #1-4

FORT LAUDERDALE, FL 33334
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Bed 6

Bed

Bath 6

Bath

SqFt2,466

Sqft

Acres0.17

Acre(Lot)

Prime Fort Lauderdale Multifamily & House Hack Opportunity | 5861 NE 18th Ave An exceptional opportunity to acquire a fully renovated, income-producing 4-unit property in one of Fort Lauderdale’s most desirable and rapidly appreciating neighborhoods. Featuring a highly sought-after unit mix of two (2) 2-bedroom/1-bath units and two (2) 1-bedroom/1-bath units, this turnkey asset offers both immediate cash flow and long-term upside. What makes this property especially compelling is the rare “live-in-one, rent-the-rest” opportunity—ideal for an owner-occupant looking to significantly offset or potentially cover their mortgage by collecting income from the remaining three units. It’s a powerful strategy for building wealth while living on-site. All units have been thoughtfully renovat ed in 2025 with modern finishes, complemented by major capital improvements that provide peace of mind and reduced maintenance for years to come. The property also features on-site laundry facilities, creating an additional income stream for the owner. Significant upgrades include: Roof replaced (2020) Hurricane impact windows installed (2025) Tankless water heaters installed (2025) Full interior renovations to all units (2025) New patios added (2024) Exterior lighting and parking lot improvements (2020) Parking lot resurfaced with 8 spaces (2026) Newer window A/C units (2020–2026) Designed for strong and stable returns, the property offers 8 dedicated parking spaces, a rare and valuable amenity that enhances tenant demand and overall asset value. Beyond its current performance, the property presents excellent development potential, with air rights allowing for up to three stories—ideal for investors or developers seeking to expand, increase density, or reimagine the site in a high-demand submarket. Situated in a prime Northeast Fort Lauderdale location, the property is just minutes from beaches, major roadways, dining, retail, and key employment hubs—supporting continued rental demand and long-term appreciation. Highlights: 4 Units: 2 × 2BR/1BA & 2 × 1BR/1BA Fully renovated, turnkey condition Opportunity to live in one unit and offset mortgage with rental income Additional income from on-site laundry 8 on-site parking spaces Extensive recent capital improvements Air rights up to 3 stories (development upside) Prime location in a high-growth area This is a rare opportunity to secure a cash-flowing asset with lifestyle flexibility and future development potential—perfect for both investors and owner-occupants looking to maximize returns in Fort Lauderdale.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,299,999

AD Id : 74179803

MLS Id : MFRTB8463899

Beds : 6

Lot Size : 0.17 Acre

Living Area Size : 2,466

Year Built : 1967

County : Broward

Subdivision: Coral Ridge Isles 45 47 B

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Feature Features

  • Bedroom Information

    Total Bedroom: 6

    Bathroom Information

    Total Baths: 6

    Interior Features

    Open Floorplan Roof: Shingle Laundry Features: Common Area

    Roofing Information

    Shingle
  • Flooring Information

    Construction Materials: Block, Concrete
  • Heating & Cooling

    Heating: Central, Electric Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 1967
  • Exterior Features

    Fence, Private Entrance, Private Yard, Storage Construction Materials: Block, Concrete Foundation Details: Slab

  • Lot Information

    Lot Square Feet: 7500 Lot Acres: 0.17 Lot Size (SqMt): 697

    Property Information

    Property Type: Residential Income Sub Type: Quadruplex

  • Listing Price Information

    Original List Price:$1400000

  • Tax Information

    Tax Block: 9 Tax Book Number: 45-47 Tax Lot: 10 Tax Legal Description: CORAL RIDGE ISLES 45-47 B LOT 10 BLK 9 Annual Tax: $13928 Tax Year: 2024 Parcel Number: 49-42-11-06-1320

  • Utility Information

    Electricity Connected, Water Connected Sewer: Septic Tank Water Source: Public
  • Location Information

    Subdivision: CORAL RIDGE ISLES 45-47 B City: FORT LAUDERDALE Direction: From I-95 (North or Southbound): Take Exit 33 for NE 62nd St/E Cypress Creek Rd. Head East: Continue east on NE 62nd St/E Cypress Creek Rd. Turn onto NE 18th Ave: Turn right onto NE 18th Ave. Arrive at Destination: Continue for approximately 1.5 miles. The destination at 5861 NE 18th Ave will be on your right.
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Nearby Home Value

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1448 NE 57th Street, Fort Lauderdale, FL, 33334 $949,000 4 2 2,242 2,242 SqFt
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1460 NE 55th Street, Fort Lauderdale, FL, 33334 $895,000 3 2 1,638 1,638 SqFt
5510 NE 18th Ave, Fort Lauderdale, FL, 33334 $769,900 3 3 1,560 1,560 SqFt
4841 NE 5th Terrace, Fort Lauderdale, FL, 33334 $499,000 3 2 1,083 1,083 SqFt
5320 NE 16th Ter, Fort Lauderdale, FL, 33334 $999,999 4 3 2,296 2,296 SqFt
1701 NE 63rd Court, Fort Lauderdale, FL, 33334 $900,000 4 2 1,795 1,795 SqFt
5250 NE 15th Ave, Fort Lauderdale, FL, 33334 $1,099,000 4 2 1,915 1,915 SqFt
1430 NE 53rd Ct, Fort Lauderdale, FL, 33334 $959,000 3 3 1,268 1,268 SqFt
4601 NE 4th Avenue, Fort Lauderdale, FL, 33334 $529,000 3 2 1,178 1,178 SqFt
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ByOwner last updated this listing 06/24/2026 @ 18:20

MLS: MFRMLS #TB8463899 LISTED BY: Dale Guivas, MICHAEL SAUNDERS & COMPANY 727-472-1144 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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