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5861 18th Avenue 1-45861 18th Avenue 1-4 Listing photo id 0 for 5861 18th Avenue 1-4 Listing photo id 1 for 5861 18th Avenue 1-4 Listing photo id 2 for 5861 18th Avenue 1-4 Listing photo id 3 for 5861 18th Avenue 1-4 Listing photo id 4 for 5861 18th Avenue 1-4 Listing photo id 5 for 5861 18th Avenue 1-4 Listing photo id 6 for 5861 18th Avenue 1-4 Listing photo id 7 for 5861 18th Avenue 1-4 Listing photo id 8 for 5861 18th Avenue 1-4 Listing photo id 9 for 5861 18th Avenue 1-4 Listing photo id 10 for 5861 18th Avenue 1-4 Listing photo id 11 for 5861 18th Avenue 1-4
  • MLS#: TB8463899 ( Residential Income )
  • Street Address: 5861 18th Avenue 1-4
  • Viewed: 71
  • Price: $1,299,999
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1967
  • Bldg sqft: 0
  • Bedrooms: 6
  • Total Baths: 6
  • Days On Market: 105
  • 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
  • mfrmls
  • DMCA Notice
  • Description
    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 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.
Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Fence
  2. Private Entrance
  3. Private Yard
  4. Storage
Garage Spaces
  1. 0.00
Heating
  1. Central
  2. Electric
Insurance Expense
  1. 0.00
Interior Features
  1. Open Floorplan
Legal Description
  1. CORAL RIDGE ISLES 45-47 B LOT 10 BLK 9
Living Area
  1. 2466.00
Area Major
  1. 33334 - Fort Lauderdale
Net Operating Income
  1. 0.00
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 49-42-11-06-1320
Property Type
  1. Residential Income
Roof
  1. Shingle
Sewer
  1. Septic Tank
Tax Year
  1. 2024
Township
  1. 49
Unit Number
  1. 1-4
Utilities
  1. Electricity Connected
  2. Water Connected
Views
  1. 71
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/TB8463899
Water Source
  1. Public
Year Built
  1. 1967
Zoning Code
  1. RMM-25