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Coral Ridge Isles

$1,130,000

5881 NE 18th Ave, Oakland Park, FL 33334

Active
Last Updated: 05/29/2025

60,380

NOI

2,560 sqft

Building Size

Details:
NOI:    $60,380
Building Size:    2,560 sqft
Units:    4
Year Built:    1962
Floors:    1
Parking Spots:    6
Gross Leaseable Area:    2,560
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot
  • Documents Available: Copy Of Lease(S), Rent Rolls
  • Architectural Style: Attached
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Window/Wall
  • Flooring: Tile
  • Construction Materials: CBS Construction
Description:

Coral Ridge Isles Quadplex: Well-maintained with two 2/1 and two 1/1 units, offering spacious layouts, tile flooring, and full bathrooms. Units 1 & 4 feature modernized kitchens with 2022 stainless steel appliances. All units on flexible month-to-month leases; one 2/1 and one 1/1 vacant (listed on MLS). Property includes impact/shuttered windows, a new roof in bidding, and 6 newly resurfaced/striped parking spaces. Connected to city water/sewer, with laundry hookups ready for paid washer/ dryer. Prime location near Floranada Elementary, ALDI, Publix, Holy Cross Hospital, shopping, dining, beach, and I95. Zoning may permit select commercial uses. Ideal for investors seeking stable cash flow and growth potential.

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