LKV Realty
Logo
$1,299,999
$6,000Reward *
5861 NE 18TH Avenue 1-4, Fort Lauderdale, FL 33334Listing ID TB8463899

5861 NE 18TH Avenue 1-4, Fort Lauderdale, FL 33334

Active
CORAL RIDGE ISLES 45-47 B
Time on site: 217 daysLast updated: May 27, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Quadruplex
Bedrooms
Bedrooms
6
Bathrooms
Bathrooms
6
Square Feet
Square Feet
2,466
Acres
Acres
0.17
Days on Site
Days on Site
217
Cooling
Cooling
Central Air
Heating
Heating
Central, Electric
Year Built
Year Built
1967

Prime Fort Lauderdale Multifamily & House Hack Opportunity | 5861 NE 18th Ave An exceptional opportunity to acquire a fully renovated, income-producing 4-unit property in one of Fort Lauderdale’s most desirable and rapidly appreciating neighborhoods. Featuring a highly sought-after unit mix of two (2) 2-bedroom/1-bath units and two (2) 1-bedroom/1-bath units, this turnkey asset offers both immediate cash flow and long-term upside. What makes this property especially compelling is the rare “live-in-one, rent-the-rest” opportunity—ideal for an owner-occupant looking to significantly offset or potentially cover their mortgage by collecting income from the remaining three units. It’s a powerful strategy for building wealth while living on-site. All units have been thoughtfully renovated in 2025 with modern finishes, complemented by major capital improvements that provide peace of mind and reduced maintenance for years to come. The property also features on-site laundry facilities, creating an additional income stream for the owner. Significant upgrades include: Roof replaced (2020) Hurricane impact windows installed (2025) Tankless water heaters installed (2025) Full interior renovations to all units (2025) New patios added (2024) Exterior lighting and parking lot improvements (2020) Parking lot resurfaced with 8 spaces (2026) Newer window A/C units (2020–2026) Designed for strong and stable returns, the property offers 8 dedicated parking spaces, a rare and valuable amenity that enhances tenant demand and overall asset value. Beyond its current performance, the property presents excellent development potential, with air rights allowing for up to three stories—ideal for investors or developers seeking to expand, increase density, or reimagine the site in a high-demand submarket. Situated in a prime Northeast Fort Lauderdale location, the property is just minutes from beaches, major roadways, dining, retail, and key employment hubs—supporting continued rental demand and long-term appreciation. Highlights: 4 Units: 2 × 2BR/1BA & 2 × 1BR/1BA Fully renovated, turnkey condition Opportunity to live in one unit and offset mortgage with rental income Additional income from on-site laundry 8 on-site parking spaces Extensive recent capital improvements Air rights up to 3 stories (development upside) Prime location in a high-growth area This is a rare opportunity to secure a cash-flowing asset with lifestyle flexibility and future development potential—perfect for both investors and owner-occupants looking to maximize returns in Fort Lauderdale.

Property Information

Property Details

Location

Address
5861 NE 18TH Avenue
County
Broward
City
Fort Lauderdale
Zip Code
33334
Subdivision
CORAL RIDGE ISLES 45-47 B
MLS Area
33334 - Fort Lauderdale

Interior Features

Beds and Baths

Bedrooms
6

Building

Building Information

Square Feet
2,466
Year Built
1967
Construction
Block, Concrete
Foundation
Slab
Roof
Shingle

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$13,928
Tax Year
2024
MICHAEL SAUNDERS & COMPANY, (727) 472-1144

Market Report for 33334

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Stellar MLS
Stellar MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

For corrections to this data please contact Brytecore MLS Support.

281526109