This offering presents a compelling investment opportunity to acquire a well-maintained four-unit multi-family property in the highly desirable Coral Ridge Isles neighborhood of Fort Lauderdale, Florida. This property delivers strong current income, coupled with significant long-term appreciation potential due to its prime location and attractive amenities. The building comprises two one-bedroom, one-bathroom units and two two-bedroom, one-bathroom units, catering to a diverse tenant base.
Property Highlights: Roof replacement in 2019. New, predominantly impact-resistant windows throughout. Tankless water heaters in three units. Free internet access provided by the owner. Private backyards for each unit. On-site laundry facilities for tenant convenience.
Listed by Alexis Lizama
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License #3438878
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Coldwell Banker Realty
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305-409-3045
Last updated August 10, 2025
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Source: MIAMIRE #A11757342
Listing Facts
TypeMulti-family
NeighborhoodCoral Ridge Isles
Days on Prevu194
Taxes$13,928/year
Size2,612 sqft
Price per sqft$402
Amenities
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
08/10/2025
Price Decreased
$1,049,000
05/06/2025
Price Decreased
$1,124,000
04/11/2025
Price Decreased
$1,149,000
02/24/2025
Listed by Coldwell Banker Realty
$1,200,000
Property Details for 5861 NE 18th Ave
Association
General
Number Of Units In Community: 1
Exterior
Construction
Number Of Units Total: 4
Roof: Shingle
Stories: 1
Stories Total: 1
Structure Type: Quadruplex, Fourplex
Year Built: 1967
Architectural Style: Detached
Building Name: CORAL RIDGE ISLES
Construction Materials: Concrete Block Construction
Measurements
Building Area Total: 2,612
Building Area Units: Square Feet
Lot Features: Less Than 1/4 Acre Lot
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 494211061320
Tax Annual Amount: $13,928.00
Tax Year: 2023
Interior
Measurements
Living Area: 2,612
Living Area Units: Square Feet
Other
Location
Subdivision Name: CORAL RIDGE ISLES
Parking
Parking
Parking Total: 8
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Has Cooling: Yes
Heating: Other
Has Heating: Yes
Sewer: Public Sewer
Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.