$1,299,999
5861 18th Avenue
Fort Lauderdale, FL 33334
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
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
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
- Status: ActiveJan 13, 2026
- Listed$1,400,000Jan 13, 2026
- 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
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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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