$1,325,000
Fort Lauderdale, FL 33308
MLS# B26057432
4588 sqft
1 / 52
Property Description
PRIME INVESTOR OPPORTUNITY: TURNKEY 6-UNIT MULTIFAMILY BUILDING IN DESIRED CORAL RIDGE. SITUATED IN A TOP-TIER FORT LAUDERDALE RENTAL MARKET. PROPERTY COMPRISES TWO 2/1 UNITS AND FOUR 1/1 UNITS ON A SUBSTANTIAL CONCRETE CORNER LOT. OFFERS AMPLE PARKING FOR UP TO 13 VEHICLES. ENJOY STRONG IMMEDIATE CASH FLOW PLUS ADDITIONAL INCOME FROM COIN-OPERATED LAUNDRY ROOM. PERFECT FIT FOR 1031 EXCHANGE, SAVVY INVESTORS, OR OWNER-OCCUPIERS. FREEDOM OF NO HOA AND NO RENTAL RESTRICTIONS. FEATURING A NEW ROOF (2021), NEW WASHER/DRYER, AND ALL CENTRAL A/C SYSTEMS (MOSTLY 1-4 YEARS NEW). UP TO DATE WITH ALL 40/10-YEAR RECERTIFICATIONS COMPLETED. --- DO NOT DISTURB TENANTS.---
Details
Maps
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: No
Listing Date: 2026-07-27
Status: Active
Original List Price: 1325000
List Price: $1,325,000
Current Price: $1,325,000
Listing Service: Full Service
Location and Legal
County Or Parish: Broward
County Parish Name: Broward
City Name: Fort Lauderdale
Postal Zip: 33308
Geographic Area: FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Special Assessment YN: No
Country: United States
Street Number: 1820
Street Direction Prefix: NE
Street Name: 56th
Street Suffix: Street
Unit Number: #1-6
State Or Province: FL
Postal Code: 33308
Subdivision Name: CORAL RIDGE ADD
Area: 3350
Elementary School: Floranada
Middle Or Junior School: James S. Rickards
High School: Northeast
Parcel Number: 494213063170
Zoning: RMM-25
Directions: US 1 NORTH OF COMMERCIAL TO 56 ST, LEFT TO PROPERTY
General Property Information
Number Of Units Total: 4
Living Area Main: 4588
Living Area Source: Appraiser
Accessibility Features YN: No
Gated Community YN: No
Parking Total: 9
Lot Size Area: 8366
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories Total: 2
Stories: 2
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 4588
Building Area Source: Public Records
Year Built: 1965
Lot Size Acres: 0.19
Financial Information
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 0
Tax Annual Amount: 19814
Tax Year: 2025
Tax Legal Description: CORAL RIDGE ADD B 41-47 B LOT 1 BLK 16
Office/Member Information
DXORIGMLSID: RML
Electric
200+ Amp Service: 1
Exterior Features
None: 1
Other: 1
Flooring
Ceramic Tile: 1
Tile: 1
Vinyl: 1
Leasing Permitted Details
Leasing Permitted YN: Yes
Okay To Lease: 1
Property Condition
Resale: 1
Special Information
Sold As-Is: 1
Special Listing Conditions
Standard: 1
Documents Available
Copy Of Lease(s): 1
Deposit - Last Months Rent: 1
Deposit Held: 1
Other Available Information: 1
Rent Rolls: 1
Other: 1
Fencing
Back Yard: 1
Fenced: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Gas Meters YN: No
Separate Water Meters YN: No
Number Of Separate Electric Meters: 7
Structure Type
Quadruplex: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Possession
Subject To Tenant Rights: 1
Sewer
Public Sewer: 1
Utilities
Sewer Available: 1
Water Available: 1
View
Other: 1
Heating
Central: 1
Electric: 1
Sprinkler Description
Auto Sprinkler: 1
Leasing Restrictions
Leasing - Max Times Per Year: 12
Leasing - Minimum Number of Days: 7
Water Access
None: 1
Window Features
Blinds: 1
Construction Materials
Brick: 1
CBS: 1
Stucco: 1
Laundry Features
Common Area: 1
Laundry Room: 1
Levels
Two: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Other: 1
Lot Features
Corner Lot: 1
Other Equipment
Call Listing Agent: 1
Road Frontage Type
City Street: 1
Road Responsibility
Public Maintained Road: 1
Roof
Composition: 1
Shingle: 1
Water Source
Public: 1
Income and Expenses
Annual Total Expense: 43000
Gross Income: 117600
Net Operating Income: 74600
Source Of Expenses
Owner Provided: 1
Cooling
Central Air: 1
Electric: 1
Showing Requirements
Occupied: 1
Schedule Online: 1
Pets Allowed YN
Yes: 1
Pets Allowed
No Restrictions: 1
Pet Details
Pet Fee YN: No
Restrictions
No Restrictions: 1
Storm Protection Details
None: 1
Tax Information
County Only: 1
No Homestead: 1
Outdoor Living Spaces
Balcony: 1
Patio: 1
Balcony Details
Balcony - Open: 1
Patio Details
Patio - Open: 1
Unit 1 Appliances
Range: 1
Refrigerator: 1
Unit 1 Details
Actual Rent: 1600
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 725
Unit 1 Lease Description
Currently Leased YN: Yes
Lease Term: Other
Lease Expiration: 2027-02-28
Occupant Type: Tenant
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Details
Carport YN: No
Garage YN: No
Unit 1 Parking Features
Open Parking: 1
Parking Space: 1
Unit 1 Patio/Porch
Patio/Porch: 1
Unit 1 Rooms
Kitchen: 1
Separate Dining: 1
Unit 2 Appliances
Range: 1
Refrigerator: 1
Unit 2 Details
Actual Rent: 1600
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 725
Unit 2 Lease Description
Currently Leased YN: Yes
Lease Term: 12 Months
Lease Expiration: 2027-04-30
Occupant Type: Tenant
Unit 2 Other Equipment
Air Conditioning Unit: 1
Unit 2 Parking Details
Carport YN: No
Garage YN: No
Unit 2 Parking Features
Open Parking: 1
Parking Space: 1
Unit 2 Patio/Porch
Patio/Porch: 1
Screened Porch: 1
Unit 2 Rooms
Kitchen: 1
Unit 3 Appliances
Range: 1
Refrigerator: 1
Unit 3 Details
Actual Rent: 1700
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 850
Unit 3 Lease Description
Currently Leased YN: Yes
Lease Term: 12 Months
Lease Expiration: 2026-12-31
Occupant Type: Tenant
Unit 3 Other Equipment
Air Conditioning Unit: 1
Unit 3 Parking Details
Carport YN: No
Garage YN: No
Unit 3 Parking Features
Open Parking: 1
Parking Space: 1
Unit 3 Patio/Porch
Patio/Porch: 1
Screened Porch: 1
Unit 3 Rooms
Kitchen: 1
Separate Dining: 1
Unit 4 Appliances
Range: 1
Refrigerator: 1
Unit 4 Details
Actual Rent: 1700
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 850
Unit 4 Lease Description
Currently Leased YN: Yes
Lease Term: 12 Months
Lease Expiration: 2026-11-30
Occupant Type: Tenant
Unit 4 Other Equipment
Air Conditioning Unit: 1
Unit 4 Parking Details
Carport YN: No
Garage YN: No
Unit 4 Parking Features
Open Parking: 1
Parking Space: 1
Unit 4 Patio/Porch
Patio/Porch: 1
Screened Porch: 1
Unit 4 Rooms
Kitchen: 1
Separate Dining: 1
Price Calculations
Current Price To SqFt: 288.79
Acreage Description
Less Than 1/4 Acre Lot: 1
Less Than 1 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2026-07-28T16:10:54Z
Major Change Type: New Listing
Status Change Date: 2026-07-28
Originating Details
Originating System Key: 20260727194632309794000000
Originating System ID: M00000170
Property Features
Documents Available: Copy Of Lease(s); Deposit - Last Months Rent; Deposit Held; Other Available Information; Rent Rolls; Other
Electric: 200+ Amp Service
Exterior Features: None; Other
Fencing: Back Yard; Fenced
Flooring: Ceramic Tile; Tile; Vinyl
Leasing Permitted Details: Okay To Lease
Property Condition: Resale
Special Listing Conditions: Standard
Structure Type: Quadruplex
Tenant Pays: Cable TV; Electricity
Source Of Expenses: Owner Provided
Construction Materials: Brick; CBS; Stucco
Cooling: Central Air
Heating: Central; Electric
Laundry Features: Common Area; Laundry Room
Levels: Two
Listing Terms: 1031 Exchange; Cash; Other
Lot Features: Corner Lot
Other Equipment: Call Listing Agent
Pets Allowed YN: Yes
Pets Allowed: No Restrictions
Possession: Subject To Tenant Rights
Restrictions: No Restrictions
Road Frontage Type: City Street
Road Responsibility: Public Maintained Road
Roof: Composition; Shingle
Sewer: Public Sewer
Special Information: Sold As-Is
Sprinkler Description: Auto Sprinkler
Storm Protection Details: None
Tax Information: County Only; No Homestead
Utilities: Sewer Available; Water Available
View: Other
Water Access: None
Water Source: Public
Window Features: Blinds
Showing Requirements: Occupied; Schedule Online
Outdoor Living Spaces: Balcony; Patio
Balcony Details: Balcony - Open
Patio Details: Patio - Open
Unit 1 Appliances: Range; Refrigerator
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: Open Parking; Parking Space
Unit 1 Rooms: Kitchen; Separate Dining
Unit 2 Appliances: Range; Refrigerator
Unit 2 Other Equipment: Air Conditioning Unit
Unit 2 Parking Features: Open Parking; Parking Space
Unit 2 Rooms: Kitchen
Unit 3 Appliances: Range; Refrigerator
Unit 3 Other Equipment: Air Conditioning Unit
Unit 3 Parking Features: Open Parking; Parking Space
Unit 3 Rooms: Kitchen; Separate Dining
Unit 4 Appliances: Range; Refrigerator
Unit 4 Other Equipment: Air Conditioning Unit
Unit 4 Parking Features: Open Parking; Parking Space
Unit 4 Rooms: Kitchen; Separate Dining
Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot
Listing Office: Berkshire Hathaway Florida Realty
Last Updated: July - 28 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
