$1,299,999

5861 18th Avenue

Fort Lauderdale, FL 33334

Active
6
Beds
6
Baths
2,466
Sq Ft
0.17
Acres
1967
Built
$527/sqft360° tour
🏠Quadruplex

Property type

🏗️1967

Year built

📐7,500 sqft

Lot size

📊$527

Price / sq ft

🏘️No HOA

HOA dues

📅134

Days on market

🌊AE

Flood zone

About this home

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.

Estimated monthly payment

Principal & interest$6,574
Property taxes$1,161
Home insurance (est.)$596

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history134 days on market

  1. Status: Active
    Jan 13, 2026
  2. Listed$1,400,000
    Jan 13, 2026
  3. Price reduced$1,299,999

Virtual Tour

Facts & features

Property type
Residential Income
Sub type
Quadruplex
Status
Active
Days on market
134
Subdivision
Coral Ridge Isles 45-47 B
County
Broward
Year built
1967
Living area
2,466 sq ft
Price/sq ft
$527
Lot size
7,500 sq ft
Lot category
0 to less than 1/4
Flood zone
AE (12011C0378J)
Annual taxes
$13,928 (2024)
Parcel #
49-42-11-06-1320
Zoning
RMM-25
MLS #
TB8463899

Interior Details

Bedrooms
6
Interior features
Open Floorplan
Laundry
Common Area

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Ownership
Fee Simple

Exterior & Construction

Exterior features
Fence, Private Entrance, Private Yard, Storage
Construction materials
Block, Concrete
Roof
Shingle
Foundation
Slab
Road surface
Asphalt

Utilities

Sewer
Septic Tank
Water source
Public
Utilities
Electricity Connected, Water Connected

Listing Details

Listing date
2026-01-13
On market date
2026-01-13
Original list price
$1,400,000
MLS area
33334 - Fort Lauderdale
Listing AOR
Suncoast Tampa
Status changed
2026-01-13
Tax legal description
CORAL RIDGE ISLES 45-47 B LOT 10 BLK 9

Flood risk

High riskFEMA Zone AEPanel 12011C0378J

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

From I-95 (North or Southbound): Take Exit 33 for NE 62nd St/E Cypress Creek Rd. Head East: Continue east on NE 62nd St/E Cypress Creek Rd. Turn onto NE 18th Ave: Turn right onto NE 18th Ave. Arrive at Destination: Continue for approximately 1.5 miles. The destination at 5861 NE 18th Ave will be on your right.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

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

Based on information submitted to the MLS GRID as of May 27, 2026 at 1:29 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA