5861 18th Ave ,Detached, Quadruplex, Coral Ridge Isles for Sale

5861 18th Ave for Sale

Price $1,200,000.00

• Lot size 2612
• Year Build 1967
• Waterfront
• Zip 33334
• Style Detached
• Parking Description
• Pool Yes
• Status Active

Description

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.

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CORAL RIDGE ISLES 45-47 B LOT 10 BLK 9

Less Than 1/4 Acre Lot

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.

City:Fort Lauderdale,Zoning:RMM-25,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2023,Latitude:26.2009771,Cooling Y N:1,Heating Y N:1,List Price:1200000,Listing Id:A11757342,Longitude:-80.1232486,Mls Status:Active,Year Built:1967,Directions:Financial Highlights:? Attractive Seller Financing: The seller is offering exceptional financing terms:? $650,000 at 5.75% interest for 60 months (5 years).? Balloon payment due at the end of the term.? No prepayment penalty.,Living Area:2612,Postal Code:33334,Street Name:18th Ave,Coordinates:1:26.2009771,Photos Count:42,Building Name:CORAL RIDGE ISLES,Days On Market:9,Listing Terms:1:Owner Will Carry,Lot Size Units:Square Feet,M I A M I R E_ Area:3990,M L S Area Major:Coral Ridge Isles,On Market Date:2025-02-24,Parcel Number:494211061320,Parking Total:8,Property Type:Residential Income,Rent Includes:1:Other Rent Incl,2:Pest Control,3:Trash Collection,Stories Total:1,Street Number:5861,M I A M I R E_ Style:Fourplex,Public Remarks: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.,Structure Type:1:Fourplex,County Or Parish:Broward County,List Office Name:Coldwell Banker Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:6211,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NE,Subdivision Name:CORAL RIDGE ISLES,Tax Annual Amount:13928,Unparsed Address:5861 NE 18th Ave, Fort Lauderdale FL 33334,Listing Agreement:Exclusive Right To Sell,Year Built Details:Unknown,Building Area Total:2612,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:459.4181,Original List Price:1200000,Public Survey Range:49,I D X Participation Y N:1,Number Of Units Total:4,Syndication Remarks: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.,Listing Contract Date:2025-02-24,Originating System I D:miamire,Public Survey Section:11,Showing Instructions:Call Listing Agent,Street Number Numeric:5861,Tax Legal Description:CORAL RIDGE ISLES 45-47 B LOT 10 BLK 9,Public Survey Township:49,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:2612,M I A M I R E_ Internet Remarks:5861 NE 18 Avenue, #1-4, Fort Lauderdale, FL 33334 ? Coral Ridge Isles Fourplex,Contract Status Change Date:2025-02-24,Internet Address Display Y N:1,Number Of Units In Community:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:With Written Broker Approval,Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:459.42,Internet Automated Valuation Display Y N:1,