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Coral Ridge Isles

$1,200,000

5861 NE 18th Ave, Oakland Park, FL 33334

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Last Updated: 04/08/2025

2,612 sqft

Building Size

1

Units

Details:
Building Size:    2,612 sqft
Units:    1
Year Built:    1967
Floors:    1
Parking Spots:    8
Gross Leaseable Area:    2,612
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot
  • Documents Available: Financial Statement
  • Architectural Style: Detached
  • Cooling: Wall/Window Unit(s)
  • Heating: Other
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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