5861 NE 18th Avenue, Unit 1-4Fort Lauderdale, FL 33334Price: $1,299,999

  • Price: $1,299,999
  • Est. Mortgage of $/month
  • 133 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.51% last updated on May 21, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,299,999List Price
  • 6Bedrooms
  • 2,466Square Feet
Prime Fort Lauderdale Multifamily & House Hack Opportunity | 5861 NE 18th Ave An exceptional opportunity to acquire a fully renovated, income-producing 4-unit property in one of Fort Lauderdale’s most desirable and rapidly appreciating neighborhoods. Featuring a highly sought-after unit mix of two (2) 2-bedroom/1-bath units and two (2) 1-bedroom/1-bath units, this turnkey asset offers both immediate cash flow and long-term upside. What makes this property especially compelling is the rare “live-in-one, rent-the-rest” opportunityideal for an owner-occupant looking to significantly offset or potentially cover their mortgage by collecting income from the remaining three units. It’s a powerful strategy for building wealth while living on-site. All units have been thoughtfully renovated in 2025 with modern finishes, complemented by major capital improvements that provide peace of mind and reduced maintenance for years to come. The property also features on-site laundry facilities, creating an additional income stream for the owner. Significant upgrades include: Roof replaced (2020) Hurricane impact windows installed (2025) Tankless water heaters installed (2025) Full interior renovations to all units (2025) New patios added (2024) Exterior lighting and parking lot improvements (2020) Parking lot resurfaced with 8 spaces (2026) Newer window A/C units (2020–2026) Designed for strong and stable returns, the property offers 8 dedicated parking spaces, a rare and valuable amenity that enhances tenant demand and overall asset value. Beyond its current performance, the property presents excellent development potential, with air rights allowing for up to three storiesideal for investors or developers seeking to expand, increase density, or reimagine the site in a high-demand submarket. Situated in a prime Northeast Fort Lauderdale location, the property is just minutes from beaches, major roadways, dining, retail, and key employment hubssupporting continued rental demand and long-term appreciation. Highlights: 4 Units: 2 2BR/1BA & 2 1BR/1BA Fully renovated, turnkey condition Opportunity to live in one unit and offset mortgage with rental income Additional income from on-site laundry 8 on-site parking spaces Extensive recent capital improvements Air rights up to 3 stories (development upside) Prime location in a high-growth area This is a rare opportunity to secure a cash-flowing asset with lifestyle flexibility and future development potentialperfect for both investors and owner-occupants looking to maximize returns in Fort Lauderdale.

Property Details of 5861 NE 18th Avenue, Unit 1-4

Property Details

Never Miss New Listings

Never miss new listings between $1,170,000 - $1,430,000 in this neighborhood
Successfully Subscribed!
Do not fill in this field:

I agree to receive marketing and customer service calls and text messages from Violet Boerescu Team. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

We will never spam you or sell your details. You can unsubscribe whenever you like.

Mortgage Calculator


$
$
%
Est. Mortgage:
$/month over payments
Federal 30-year interest rate: 6.51% last updated on May 21, 2026. * The above figures are estimates provided by Union Street Media using the FRED® API, and are not endorsed or certified by the Federal Reserve Bank of St. Louis. Check with your lender for actual interest rates.
Listed by Dale Guivas of MICHAEL SAUNDERS & COMPANY (727-472-1144)

Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 26, 2026 6:02 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to receive marketing and customer service calls and text messages from Violet Boerescu Team. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.