5911 Ne 18th Ave, Fort Lauderdale, FL 33334

$1,000,000
2,673
SqFt

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List Price
$1,000,000
MLS
A12017394
Complex Name
Coral Ridge Isles
Status
ACTIVE
Type
Multifamily
Living Area
2,673

Property 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.

Additional Information

Days on Market
77
Style
Quadruplex, Fourplex
#Parking Spaces
7
Year Built
1962
Development Name
Coral Ridge Isles
#Stories
1
Construction Type
Concrete Block Construction
Section
11

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Listing Courtesy of London Foster Realty, Contact: