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!
- Swimming Pool
- Heating System
- Cooling System
- Architectural Style
- Roof
- Sewer
- 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''
- 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
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,200,000
- Square Footage :
- 2,612 Sqft
- Year Built :
- 1967
- MLS # :
- A12104975
