CORAL RIDGE ISLES
5901 NE 18th Ave, Fort Lauderdale FL 33334
2,673 ft²
$1,000,000
Est. Payment $5,322/mo
2,673
Sq. Ft.
1962
Year Built
1
Stories
0
Days on Market
Description
Investor’s dream fourplex located in the heart of Fort Lauderdale. This income-producing property offers a rare turnkey opportunity ideal for both in-state and out-of-state investors seeking a stable, low-maintenance asset with strong rental potential. The property features a total of four units, including two spacious two-bedroom units and two one-bedroom units. Professionally managed and well maintained, this fourplex is designed for easy ownership and efficient day-to-day operations. Updated interiors include modern kitchens, renovated bathrooms, wood flooring, and impact windows throughout. Extensive capital improvements have already been completed, minimizing future maintenance concerns for a new owner. Additional enhancements include a repaved parking lot with ample parking for tenants and guests, further adding to the property’s convenience and appeal. This fully operational multifamily property is truly turnkey, providing dependable cash flow and long-term value without the burden of deferred maintenance or major renovations. The sister property located next door is also available for purchase, presenting an additional opportunity for expansion or portfolio growth.
Facts
- MLS#
- A12017364
- Subdivision
- CORAL RIDGE ISLES
- Property Type
- Residential Income
- Property Sub Type
- Quadruplex
- Year Built
- 1962
- Lot Size
- 0 sqft
- Sq. Ft.
- 2,673 ft²
- Sq. Mt.
- 248 m²
- Price per sq. ft.
- $374/ft²
- Price per sq. mt.
- $4,032/m²
- Stories
- 1
- Garage
- —
- Pool
- —
- Days on Market
- —
- Listed
- May 12, 2026
- Last Updated
- May 12, 2026
- Price/Lot Sq.Ft.
- —
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Market insights for Fort Lauderdale
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
55
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 5/12/2026 | Listed for sale | $1,000,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
South Olive Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.3 mi
Forest Hill High Adult EducationUG · public · 0.6 mi
Forest Hill Community High School9,10,11,12 · public · 0.6 mi
Palmetto Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.6 mi
Renaissance Charter School At SummitKG,1,2,3,4,5,6,7,8 · charter · 1.3 mi
St Juliana SchoolPK,KG,1,2,3,4,5,6,7,8 · private · 1.3 mi
Cornerstone AcademyKG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.5 mi
Meadow Park Elementary SchoolPK,KG,1,2,3,4,5 · public · 1.5 mi
Unity For KidsKG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.6 mi
The Elles School4,5,6,7,8,9,10,12 · private · 1.6 mi
Estimated Monthly Payment
$6,306/mo
Principal & Interest
$5,322
Property Tax
$833
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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