5861 NE 18th Avenue
Fort Lauderdale, FL 33334
6
Bed
4
Bath
2,612Sqft
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 p
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: ShingleLaundry Features: Outside -
Heating & Cooling
Heating: None, SeparateMeters Has Cooling: Yes Cooling: WallWindowUnits
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Building Information
Year Built: 1967Building Area Total: 2612Construction Materials: CBSConcreteBlockStructure, BlockPrivate Pool: NoWater front Features: None -
Exterior Features
Exterior Features: Lighting
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Listing Price Information
Listing Price: $1200000Cash, Conventional, FHA, OwnerWillCarry
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Tax Information
Parcel Number: 494211061320 Tax Year: 2025 Annual Tax: $15234 Tax Legal Desc: CORAL RIDGE ISLES 45-47 B LOT 10 BLK 9
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Parking Information
Parking Total: 9
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School Information
Elementary School: Floranada Junior High School: James S. Rickards Senior High School: Northeast -
Utility Information
CableNotAvailable -
Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1750 NE 52nd Street, Fort Lauderdale, FL, 33334 | $849,999 | -- | -- | 2,148 | -- |
| 1761-1763 NE 52nd Street, Fort Lauderdale, FL, 33334 | $765,000 | -- | -- | 2,028 | -- |
| 1761 NE 55th Street, Fort Lauderdale, FL, 33334 | $1,275,000 | 6 | 6 | 3,258 | 11,608 Sq. Ft |
| 1681 NE 56th Street, Fort Lauderdale, FL, 33334 | $1,029,000 | -- | -- | 2,681 | 7,500 Sq. Ft |
| 1600 NE 56th Street, Fort Lauderdale, FL, 33334 | $1,200,000 | 6 | 4 | 2,899 | -- |
| 1477 NE 55th Street, Fort Lauderdale, FL, 33334 | $915,000 | -- | -- | 2,819 | -- |
| 1028 NE 10th Avenue #1-4, Fort Lauderdale, FL, 33334 | $895,000 | -- | -- | 2,368 | 6,749 Sq. Ft |
| 1425 NE 55th Street, Fort Lauderdale, FL, 33334 | $849,950 | -- | -- | 2,665 | -- |
| 602 NE 27th Street #1-2, Fort Lauderdale, FL, 33334 | $725,000 | -- | -- | 1,620 | -- |
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Nearby For Sale
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ByOwner last updated this listing 10/12/2026 @ 14:22
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