Property Description

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
Swimming Pool
Heating System
Cooling System
Architectural Style
Roof
Sewer
Address Map
State:
FL
County:
Broward
City:
Fort Lauderdale
Zipcode:
33334
Street:
5861 Ne 18th Ave, Fort Lauderdale, Florida 33334
Longitude:
W81° 52' 36.9''
Latitude:
N26° 12' 3.1''
MLS Addon
Building Area:
2,612 Sqft
Construction Materials
DOM:
1
Exterior Features
Flooring
Internet Address Display:
1
Internet Listing Display:
1
Lot Features
Parcel Number:
494211061320
Subdivision Name:
CORAL RIDGE ISLES
Tax Annual Amount:
$15,234
Utilities
Virtual Tour:
Click Here
Window Features:
Impact Glass

Residential Income For Sale

5861 Ne 18th Ave, Fort Lauderdale, Florida 33334, Fort Lauderdale, Florida 33334

2,612 Sqft
$1,200,000
MLS # #A12104975
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$1,200,000
Square Footage :
2,612 Sqft
Year Built :
1967
MLS # :
A12104975
Agent info
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