NOT LISTED FOR SALE

5851 NE 18th Ave Fort Lauderdale, FL 33334

Coral Ridge Isles Neighborhood

Estimated Value: $929,000 - $1,079,000

6 Beds
4 Baths
2,466 Sq Ft
$407/Sq Ft Est. Value

Last Sold August 18, 2021

Last sale price $725,000 $294 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $6,563/month

5 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Floranada Elementary School Rated A-

About This Home

As of August 2021

Great Investment Opportunity!! In Coral Ridge Isles, City of Ft Lauderdale..Multifamily fourplex units.. All units are currently occupied. There is two 2/1 and two 1/1. Unit number 2 is totally renovated; which is shown in the pictures. Property is located close to the Prestigious Pine Crest School, Beach, Restaurants, Grocery Stores, and minutes away from US1/Federal Highway.. Coined washer/dryer is also included

Last Agent to Sell the Property

Andrea Marsden

LoKation License #3410320 Listed on: 07/13/2021

LoKation

Last Buyer's Agent

Adrine Penbe

Gruppen Capital Group License #3436348

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,322

Year Built

  • Built in 1969

Lot Details

  • 7,754

Parking

  • 6 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,466 Sq Ft Home
  • 1-Story Property

Flooring

  • Ceramic Tile
  • Vinyl

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 4 Units
  • Coral Ridge Isles 45 47 B Subdivision

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number 494211061330

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,322

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: I95 North or South to Cypress Creek Rd, East to NE 18th Ave, South on 18th Ave. Property is located on the right.
  • Year Built: 1969
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Living Area: 2466.0

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Sewer, Water
  • Community Features: Non-Gated

Lot Info

  • Parcel #: 494211061330
  • Zoning Description: RMM-25

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 10322.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Aug 18, 2021
Sold by
Paradise Brothers Prop At 5851 Ne 18Th A
Bought by
J A M E Inc
Seller's Agent
Andrea Marsden
LoKation
Buyer's Agent
Adrine Penbe
Gruppen Capital Group
List Price
$765,000
Sold Price
$725,000
Premium/Discount to List
-$40,000
-5.23%
Current Estimated Value
$1,003,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,617
Avg. Annual Appreciation
6.07%

Purchase Details

Closed on
Dec 18, 2019
Sold by
Simmons John W
Bought by
Paradise Brothers Properties At 5851 Ne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 1, 1992
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
J A M E Inc $725,000 First American Title Ins Co
Paradise Brothers Properties At 5851 Ne $535,000 Attorney
Available Not $128,571 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paradise Brothers Prop 5851 Ne 18Th Ave $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2021 08/18/21 Sold $725,000 -5.2% $294 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $765,000 -- $310 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $736,850 $77,340 $659,510
2024 $13,639 $701,770 $61,870 $639,900
2023 $13,639 $622,180 $61,870 $560,310
2022 $12,952 $601,420 $61,870 $539,550
2021 $10,529 $472,230 $61,870 $410,360
2020 $10,322 $463,520 $61,870 $401,650
2019 $8,368 $506,200 $61,870 $444,330
2018 $7,163 $435,840 $61,870 $373,970
2017 $6,616 $259,060 $0 $0
2016 $6,178 $235,510 $0 $0
2015 $5,568 $214,100 $0 $0
2014 $5,195 $194,640 $0 $0
2013 -- $193,150 $61,870 $131,280
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Andrea Marsden

    LoKation

    (954) 545-5583

    2 in this area

    5 Total Sales

    Andrea Marsden
    Section Image

  • A

    Buyer's Agent in 2021

    Adrine Penbe

    Gruppen Capital Group

    (954) 816-4581

    2 in this area

    7 Total Sales

    Adrine Penbe
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10292800

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-11-06-1330

Florida Broward County Fort Lauderdale 33308 Coral Ridge Isles

5851 NE 18th Ave, Fort Lauderdale, FL

This home is located at 5851 NE 18th Ave, Fort Lauderdale, FL 33334 since 13 July 2021 and is currently estimated at $1,003,617, approximately $406 per square foot. This property was built in 1969. 5851 NE 18th Ave is a home located in Broward County with nearby schools including Floranada Elementary School, James S. Rickards Middle School, and Northeast High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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