5861 NE 18TH Ave 1-4, Fort Lauderdale, FL 33334

Building Details

Year Built

1967

Listing agent Dale Guivas Show Phone

Listing office D***@michaelsaunders.com Show Phone

Listing date Apr 24, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Dale Guivas

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Overview

This is a fully renovated, income-producing multifamily property located in a desirable and rapidly appreciating neighborhood of Fort Lauderdale. The property consists of four units, with a unit mix of two 2-bedroom/1-bath units and two 1-bedroom/1-bath units. All units have been completely renovated with modern finishes. The property is designed for strong and stable cash flow, offering excellent ROI potential. There are eight on-site parking spaces. The property has development upside, with air rights allowing up to three floors. This provides an opportunity for developers looking to expand, redevelop, or maximize density in a high-demand Fort Lauderdale submarket. The property is located in a prime NE Fort Lauderdale area, close to major corridors, employment hubs, beaches, dining, and retail. The location benefits from strong rental demand and continued neighborhood growth. The bike score is 53, making it bikeable. The walk score is 62, indicating it is somewhat walkable. The transit score is 35, suggesting some transit options are available.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Fort Lauderdale

County

Broward

State

Florida

Longitude

-80.123214

Latitude

26.2009672

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FAQs

What type of property is this?

Quadplex - Income-producing multifamily property with development upside in Fort Lauderdale.

Where is this quadplex located?

The property is located at 5861 NE 18TH Ave 1-4 Fort Lauderdale, FL.

What is the asking price?

The asking price for this property is $1,200,000.

What are key features of this property?

This property features: Development upside: air rights allow for expansion up to three floors.; Fully renovated, income‑producing multifamily: turnkey investment with four units featuring modern finishes.; Desirable unit mix: features two 2‑bedroom/1‑bath units and two 1‑bedroom/1‑bath units.