5821 NE 18th Ave, Fort Lauderdale, FL 33334
Fourplex, Quadruplex - Fort Lauderdale, FL
- Added:
- May 29, 2026
- Days on Market:
- 14
- Last Refresh:
- Jun 11 at 7:06 pm
Property Features for 5821 NE 18th Ave
General Information
- Property type
- Residential
- Property subtype
- Quadruplex
- Zoning
- RMM-25
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Parking
- 4
- Standard status
- Active
- APN
- 494211061360
- Size
- 2,664 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 16237
Utilities
- Heating system
- Central, Electric (Heating), Wall Furnace
- Cooling system
- Ceiling Fan(s), Central Air, Multi Units, Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1967
- Flooring type
- Tile, Vinyl
- Building materials
- Block
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Jocelyn Blaylock PA License #3207994 (954) 545-5583
Listing office LoKation 1500 E. Atlantic Blvd., Pompano Beach, FL (954) 545-5583
Listing date May 29, 2026
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Four‑unit apartment building priced under $1 million.
- Located just two miles from the beach.
- Includes a fully renovated two‑bedroom unit with central air and in‑unit laundry, ideal for owner‑occupancy or Airbnb.
- Property offers income, flexibility, and upside potential.
- Studio unit is nearly complete, needing only a bathroom update.
- Two units offer value‑add potential through renovation.
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $67.1k | $25.20 |
| − Vacancy | −$3.7k | −$1.39 |
| EGI | $63.4k | $23.81 |
| − OpEx | −$19.0k | −$7.14 |
| NOI | $44.4k | $16.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.1232342
- Latitude
- 26.2001406
