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$1,200,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • Updated 5 days ago
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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!

Full Property Details for 5861 NE 18th Ave

General

  • Price: $1,200,000
  • Taxes: $15,234 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Greater_Miami
  • MLS ID: A12104975
  • Updated: 10/12/2026
  • Added to Site: 5 day(s) ago

Rental Information

  • Rent Includes: Gardener, Sewer, Trash Collection, Water

Interior

  • Flooring: Tile

Exterior

  • Exterior Features: Exterior Lights

Parking

  • Total Spaces: 9

Location

  • Area: Coral Ridge Isles
  • County: Broward County
  • Subdivision: CORAL RIDGE ISLES, Coral Ridge Isles
  • Building Name: CORAL RIDGE ISLES

Community

  • Community Name: Coral Ridge Isles
  • Units Assoc/Comm: 4

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: None

Utilities

  • Sewer: Public Sewer
  • Water: Municipal Water

Structural Information

  • Architectural Style: Attached, Ranch
  • Structure Type: Quadruplex, Fourplex
  • Detached/Attached: Detached
  • Construction: Concrete Block Construction, CBS Construction
  • Roof: Shingle
  • Windows: Clear Impact Glass, Partial Impact Glass, Partial Panel Shutters/Awnings, High Impact Windows, Impact Glass
  • Doors: High Impact Doors
  • Stories/Levels: 1
  • Building Size: 2612
  • Square Feet: 2,612
  • Living Area: 2,612 Sq. Ft.
  • Year Built: 1967
  • Other Struct. Feat.: Laundry Facility

Unit Information

  • Units in Complex: 4

Lot Features

  • Lot Features: Less Than 1/4 Acre Lot
  • Zoning: RMM-25
  • Fencing (Description): Fenced

Financial Considerations

  • Price Per Sq. Ft.: $459.42
  • Tax Amount: $15,234
  • Tax Year: 2025
  • Terms: All Cash, Conventional, FHA, Owner Will Carry

Disclosures and Reports

  • Documents Avail.: Investment Analysis, Other Available Information
  • Legal Description: CORAL RIDGE ISLES 45-47 B LOT 10 BLK 9
  • Inclusions: None
  • Property ID: 494211061320

Listed by Icon Realty Advisors LLC

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Listing agent

— 5861 NE 18th Ave —

  • Icon Realty Advisors LLC

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 5861 NE 18th Ave

School District:Broward County School District
NameGradesDistance
Floranada Elementary School
5251 Northeast 14th Way, Fort Lauderdale, FL 33334
K-50.8 mi
James S. Rickards Middle School
6000 Northeast 9th Avenue, Oakland Park, FL 33334
6-80.7 mi
Northeast High School, Oakland Park, FL
700 Ne 56th St, Oakland Park, FL 33334
9-121 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5861 NE 18th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/12/2026
Listed
$1,200,000
131.66%
MLS
8/30/2019
Sold
$518,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5861 NE 18th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,234
9%
$745,490
1%
2024
$13,928
—
$735,170
5%
2024
$13,928
8%
$699,860
13%
2023
$12,852
24%
$619,750
34%
2021
$10,344
-12%
$462,900
-23%
2022
$11,792
14%
$600,560
29%
2021
$10,344
25%
$466,140
51%
2019
$8,252
16%
$309,710
10%
2018
$7,093
8%
$281,560
-26%
2017
$6,551
7%
$378,010
15%
2016
$6,122
11%
$328,860
55%
2015
$5,518
7%
$211,550
10%
2014
$5,148
13%
$192,320
10%
2013
$4,551
—
$174,840
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Icon Realty Advisors LLC

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5861 NE 18th Ave, Fort Lauderdale, FL 33334 (MLS# A12104975) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 5861 NE 18th Ave is currently listed for $1,200,000 and was received on October 12, 2026. Want to learn more about 5861 NE 18th Ave? Do you have questions about finding other Multi-Family real estate for sale in Fort Lauderdale? You can browse all Fort Lauderdale real estate or contact a Coldwell Banker agent to request more information.

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