5861 NE 18TH AVENUE 1-4 Fort Lauderdale, FL $ 1,299,999
5861 NE 18TH AVENUE 1-4
$ 1,299,999
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5861 NE 18TH AVENUE 1-4

Fort Lauderdale, FL, 33334
$ 1,299,999
Bedrooms6 Baths6.0 Sq 2,466

Monthly Estimate*

$ 8,004

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 $1,299,999 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 & 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.

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Multi-Family Active

Price

$ 1,299,999

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

$9,165
Per Month
87%
13%
0%
Monthly Principal & Interest
$8,004
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
4/27/2026$1,299,999 8.33% Price Up
3/25/2026$1,200,000 -7.69% Price Down
2/13/2026$1,300,000 -7.14% Price Down
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 $1,299,999 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