Quadruplex
5861 NE 18th Ave
5861 NE 18th Ave, Fort Lauderdale FL 33334 Get directions
$1,200,000
2,612 SqFt
See estimated monthly costThis listing is courtesy of Icon Realty Advisors LLC. Oliver Bautista
Overview
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!
Facts & features
Interior
- Living area (sq ft)
- 2,612
Building & exterior
- Year built
- 1967
- Exterior Lights
Taxes
- Annual tax
- $15,234
- Tax year
- 2025
- Parcel number
- 494211061320
Listing
- MLS number
- A12104975
- Property type
- Quadruplex
- Price per SqFt
- $459
- Subdivision
- CORAL RIDGE ISLES,Coral Ridge Isles
- On market since
- Oct 12, 2026
- Days on market
- 0
Estimated monthly cost
$8,237 per month
- Principal & interest (30 yr)
- $6,068
- Property tax
- $1,270
- Insurance (estimated)
- $900
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
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