5861 NE 18th Avenue, Fort Lauderdale, FL 33334

$1,200,000 · Active

  • 0 baths
  • 2,612 sq ft
  • Quadruplex
  • Built 1967
  • Broward County
  • MLS# A12104975
  • Coral Ridge Isles
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About this home

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!

Features

Schools

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

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Icon Realty Advisors LLC · michael.longo1985@gmail.com · Listing agent: Oliver Kevin Bautista

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Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 5861 NE 18th Avenue.

Questions About 5861 NE 18th Avenue

How much is 5861 NE 18th Avenue?
5861 NE 18th Avenue is listed at $1,200,000, which is about $459 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on 5861 NE 18th Avenue?
The listing reports annual property taxes of $15,234 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 5861 NE 18th Avenue built?
5861 NE 18th Avenue was built in 1967 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 5861 NE 18th Avenue been on the market?
5861 NE 18th Avenue has been listed for 6 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 5861 NE 18th Avenue?
The MLS lists Floranada (elementary), James S. Rickards (middle), Northeast (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 5861 NE 18th Avenue?
Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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The home at 1761 NE 55th Street, Fort Lauderdale, FL 33334 is comparable and listed for sale at $1,275,000. Other Fort Lauderdale neighborhoods include Nurmi Isles and Idlewyld. Nearby ZIP codes include 33301 and 33304. This property also neighbors Lauderdale-by-the-Sea, Oakland Park, and Pompano Beach. Compare it with the Fort Lauderdale housing market report.