$1,200,000

5861 NE 18TH AVE, FORT LAUDERDALE, FL 33334

0 baths2,612 sq ft2 to 4 unitsBuilt 1967
Updated today, November 3, 2026

This home against Coral Ridge Isles

$459 per sq ft, 20% over the Coral Ridge Isles median
23 days on the market
$15,234 in property taxes (2025)

Coral Ridge Isles today: 26 homes for sale, median list price $895,000.

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!

Zoned schools

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

From Broward County Public Schools attendance zones.

Near this home

Park: North Andrews Terrace Greenway, 1.1 mi
Grocery: ALDI, 0.7 mi

Distances from the center of Coral Ridge Isles, FORT LAUDERDALE.

Listing courtesy of Icon Realty Advisors LLC. MLS# A12104975.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed October 10, 2026.

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