Quadruplex for sale

$1,200,000

5861 NE 18th AveFort Lauderdale, FL 33334

  • 2,612 Sq ft
  • 1967 Built

About this home

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!

Details

MLS #
A12104975
Property type
Quadruplex
Status
Active
Days on market
0
Neighborhood
CORAL RIDGE ISLES,Coral Ridge Isles
County
Broward County
Property taxes
$15,234 (2025)
Waterfront
No
Private pool
No
Cooling
Wall/Window Unit(s)
Exterior features
Exterior Lights

Location

Estimated payment

$7,337/mo with 20% down at 6.5% for 30 years, including taxes, before insurance.

Adjust in the mortgage calculator

Listing courtesy of Icon Realty Advisors LLC · Oliver Bautista. Listing last updated October 12, 2026 5:00 PM.

REALTOR® and MLS logo

The multiple listing information is provided by the MIAMI Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 MIAMI Association of REALTORS®. All rights reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated October 23, 2026 9:23 PM.

Like a property?

Call or text Edward Ferenczi at 786-556-6446

Buying Florida real estate has never been easier.