5861 NE 18th Ave
Fort Lauderdale, FL 33334
- – beds
- – baths
- 2,612 sqft
- $459 per sqft
- 1967 build
- – on site
This offering presents a compelling investment opportunity to acquire a well-maintained four-unit multi-family property in the highly desirable Coral Ridge Isles neighborhood of Fort Lauderdale, Florida. This property delivers strong current income, coupled with significant long-term appreciation potential due to its prime location and attractive amenities. The building comprises two one-bedroom, one-bathroom units and two two-bedroom, one-bathroom units, catering to a diverse tenant base. Property Highlights:? Roof replacement in 2019.? New, predominantly impact-resistant windows throughout.? Tankless water heaters in three units.? Free internet access provided by the owner.? Private backyards for each unit.? On-site laundry facilities for tenant convenience.
Last checked:
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Last updated Mar 5, 2025
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MLS# A11757342 —
The Building
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Year Built:1967
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Year Built Details:Unknown
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Construction Materials:Block
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Architectural Style:Fourplex
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Stories:1
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Levels:One
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Roof:Shingle
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Building Area Total:2612.0
Room Dimensions
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Living Area:2612.0
Location
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Directions:Financial Highlights:? Attractive Seller Financing: The seller is offering exceptional financing terms:? $650,000 at 5.75% interest for 60 months (5 years).? Balloon payment due at the end of the term.? No prepayment penalty.
The Property
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Parcel Number:494211061320
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Property Type:ResidentialIncome
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Property Subtype:Quadruplex
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Property Subtype Additional:Quadruplex
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Zoning Description:RMM-25
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Lot Features:LessThanQuarterAcre
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Lot Size Units:SquareFeet
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (305) 409-3045
- Office phone:
- (954) 963-1600
Taxes
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Tax Year:2023
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Tax Annual Amount:$13,928
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Tax Legal Description:CORAL RIDGE ISLES 45-47 B LOT 10 BLK 9
The Listing
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Virtual Tour Unbranded:
Heating & Cooling
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Heating:Other
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Cooling:WallWindowUnits
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Cooling:true
Utilities
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Utilities:CableAvailable
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Sewer:PublicSewer
The Community
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Subdivision Name:Coral Ridge Isles
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Pool Features:None
Parking
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Parking Total:8.0
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/5/25
Mar 5, 2025
|
Listed / Active | MLSM | $1,200,000 |
