5861 18th Avenue 1-4, FORT LAUDERDALE, FL 33334
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Priced at Only: $1,299,999
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Address: 5861 18th Avenue 1-4, FORT LAUDERDALE, FL 33334
Property Location and Similar Properties
- MLS#: TB8463899 ( Residential Income )
- Street Address: 5861 18th Avenue 1-4
- Viewed: 75
- Price: $1,299,999
- Price sqft: $0
- Waterfront: No
- Year Built: 1967
- Bldg sqft: 0
- Bedrooms: 6
- Total Baths: 6
- Days On Market: 108
- Additional Information
- Geolocation: 26.201 / -80.1232
- County: BROWARD
- City: FORT LAUDERDALE
- Zipcode: 33334
- Subdivision: Coral Ridge Isles 4547 B
- Provided by: MICHAEL SAUNDERS & COMPANY
- Contact: Dale Guivas
- 727-472-1144

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DescriptionPrime 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 Lauderdales 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 opportunityideal for an owner occupant looking to significantly offset or potentially cover their mortgage by collecting income from the remaining three units. Its 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 (20202026) 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 storiesideal 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 hubssupporting 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 potentialperfect for both investors and owner occupants looking to maximize returns in Fort Lauderdale.
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- Principal & Interest -
- Property Tax $
- Home Insurance $
- HOA Fees $
- Monthly -
Features
Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Fence, Private Entrance, Private Yard, Storage
- Living Area: 2466.00
- Roof: Shingle
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Eco-Communities
- Water Source: Public
Utilities
- Carport Spaces: 0.00
- Cooling: Central Air
- Heating: Central, Electric
- Sewer: Septic Tank
- Utilities: Electricity Connected, Water Connected
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Tax Year: 2024
Other Features
- Country: US
- Interior Features: Open Floorplan
- Legal Description: CORAL RIDGE ISLES 45-47 B LOT 10 BLK 9
- Area Major: 33334 - Fort Lauderdale
- Parcel Number: 49-42-11-06-1320
- Unit Number: 1-4
- Views: 75
- Zoning Code: RMM-25
Nearby Subdivisions
- Dawn Morgan, AHWD,Broker,CIPS
- Residential Movement Real Estate Group
- 352.454.2363
- Mobile: 352.454.2363
- dawnsellsocala@gmail.com














