5861 NE 18TH AVENUE 1-4 Fort Lauderdale, FL $ 1,400,000
5861 NE 18TH AVENUE 1-4
$ 1,400,000
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5861 NE 18TH AVENUE 1-4

Fort Lauderdale, FL, 33334
$ 1,400,000
Bedrooms6 Baths6.0 Sq 2,466

Monthly Estimate*

$ 8,620

5861 NE 18TH AVENUE 1-4, Fort Lauderdale, FL 33334 - Image 1
5861 NE 18TH AVENUE 1-4, Fort Lauderdale, FL 33334 - Image 2
5861 NE 18TH AVENUE 1-4, Fort Lauderdale, FL 33334 - Image 3
5861 NE 18TH AVENUE 1-4, Fort Lauderdale, FL 33334 - Image 4
5861 NE 18TH AVENUE 1-4, Fort Lauderdale, FL 33334 - Image 5
5861 NE 18TH AVENUE 1-4, Fort Lauderdale, FL 33334 - Image 6
5861 NE 18TH AVENUE 1-4, Fort Lauderdale, FL 33334 - Image 7
5861 NE 18TH AVENUE 1-4, Fort Lauderdale, FL 33334 - Image 8
5861 NE 18TH AVENUE 1-4, Fort Lauderdale, FL 33334 - Image 9
5861 NE 18TH AVENUE 1-4, Fort Lauderdale, FL 33334 - Image 10
5861 NE 18TH AVENUE 1-4, Fort Lauderdale, FL 33334 - Image 11
5861 NE 18TH AVENUE 1-4, Fort Lauderdale, FL 33334 - Image 12
5861 NE 18TH AVENUE 1-4, Fort Lauderdale, FL 33334 - Image 13
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Multi-Family Home for sale in Fort Lauderdale, FL

for $1,400,000 with 6 bedrooms and 6 full baths. This 2,466 square foot home was built in 1967 on a lot size of 0.17.

Prime Fort Lauderdale Multifamily & Development Opportunity | 5861 NE 18th Ave. An exceptional opportunity to acquire a fully renovated, income-producing multifamily property in one of Fort Lauderdale’s most desirable and rapidly appreciating neighborhoods. This 4-unit asset features a highly desirable unit mix of two (2) 2-bedroom/1-bath units and two (2) 1-bedroom/1-bath units, all completely renovated with modern finishes, making this a true turnkey investment. Designed for strong and stable cash flow, the property offers excellent ROI potential, supported by 8 on-site parking spaces—a rare and valuable amenity that enhances tenant demand and long-term value. What truly sets this property apart is its development upside. With air rights allowing up to three floors, this is an outstanding opportunity for developers looking to expand, redevelop, or maximize density in a high-demand Fort Lauderdale submarket. Whether your strategy is long-term hold, value-add redevelopment, or ground-up expansion, this asset checks every box. Located in a prime NE Fort Lauderdale area, close to major corridors, employment hubs, beaches, dining, and retail, this property benefits from strong rental demand and continued neighborhood growth. Highlights: 4 Units: 2 × 2/1 & 2 × 1/1 Fully renovated interiors throughout 8 dedicated parking spaces Strong in-place income with upside Air rights allowing up to 3 stories Ideal for investors and developers Excellent location in a high-growth area This is a rare combination of immediate cash flow and future development potential—perfect for savvy investors looking to expand their portfolio and developers seeking their next strategic build in Fort Lauderdale.

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Multi-Family Active

Price

$ 1,400,000

Bedrooms

6

Full Bath

6

Property Type

Multi-Family

Taxes

$ 13,928

Style

Quadruplex

Lot Size

0.17

Year Built

1967

Town/City

Fort Lauderdale

County/Region

Broward

MLS | Web ID

TB8463899

Features
General
Sewer Septic Tank
Heating Central Electric
Cooling Central Air
Utilities Electricity Connected Water Connected
Roof Shingle
Zoning RMM-25
Construction Materials Block Concrete
Year Built 1967
Unit Number 1-4
Property Subtype Quadruplex
Tax Year 2024
Ownership Fee Simple
County Broward
New Construction false
Property Type Residential Income
Subdivision Name CORAL RIDGE ISLES 45-47 B
Garage Y/N false
Status Active
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.
City FORT LAUDERDALE
Senior Community Y/N false
Number Of Units Total 4
MLS Area 33334 - Fort Lauderdale
Lot Size Units Square Feet
Lot Size Square Feet 7500
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 13928
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8463899
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 10
Legal Description CORAL RIDGE ISLES 45-47 B LOT 10 BLK 9
Water Access Y/N false
Water View Y/N false
Flood Zone Code AE
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Interior
Interior Amenities Open Floorplan
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Common Area
Total Bedrooms 6
Total Baths 6
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Exterior
Exterior Amenities Fenced Private Entrance Private Yard Storage
Water Source Public
Lot Size Area 7500
Foundation Details Slab
Number of Buildings 1
Lot Size Acres 0.17
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
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* Excluded Features
List By
Michael Saunders & Company

Broker

DaleGuivas@michaelsaunders.com

Email

Affordability Calculator

$9,781
Per Month
88%
12%
0%
Monthly Principal & Interest
$8,620
Monthly Property Taxes
$1,161
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/13/2026$1,400,000 Listed Price

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5861 NE 18TH AVENUE 1-4, Fort Lauderdale, FL, 33334 is a Multi-Family Home for sale at $1,400,000 with 2,466 sqft and a lot size of 0.17. 5861 NE 18TH AVENUE 1-4 has 6 bedrooms, 6.0 baths, and was built in 1967. The property's zip code is 33334 which is in Fort Lauderdale, FL