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Residential Income
$1,200,000
5861 NE 18th Ave Fort Lauderdale, FL

A12104975

399 of 761 for Sale
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an agent
  • Listed On:

    Oct 12, 2026
  • Days on Market:

    1
  • Year:

    1967
  • Taxes:

    $15,234 per year
  • Floor Description:

    Tile
  • Occupancy:

  • Zoning:

  • Parking:

5861 NE 18th Ave Fort Lauderdale, FL 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!

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For Sale Details

  • Floor Description

    Tile

  • Heating Description

    None

  • Photo Count

    22

  • Property Type

    Residential Income

  • Terms Considered

    All Cash, Conventional, FHA, Owner Will Carry

  • Year Built

    1967

Any questions about Residential Income?
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