Investment Opportunity: 5861 NE 18 Avenue, #1-4, Fort Lauderdale, FL 33334 – Coral Ridge Isles Fourplex Executive Summary: 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: • Prime Location: Situated in Coral Ridge Isles, this property benefits from immediate proximity to Fort Lauderdale's vibrant retail, dining, entertainment, and employment hubs. Residents enjoy effortless access to pristine beaches and convenient transportation options. • Solid Construction & Recent Upgrades: Built in 1968 with durable CBS solid concrete construction, the property has undergone substantial upgrades, including: o Roof replacement in 2019. o New, predominantly impact-resistant windows throughout. o Tankless water heaters in three units. o Free internet access provided by the owner. o Private backyards for each unit. o On-site laundry facilities for tenant convenience. • Ample Parking: Eight parking spaces are available for tenants and guests. • Income Potential: The property offers a stable income stream, with the flexibility to maximize returns by maintaining full occupancy. • Flexible Usage: This offering is ideal for investors seeking consistent rental income or for owner-occupants who wish to reside in one unit while generating income from the others. • Lot Size: The building sits on a 7,500 square foot lot. Financial Highlights: • Attractive Seller Financing: The seller is offering exceptional financing terms: o $650,000 at 5.75% interest for 60 months (5 years). o Balloon payment due at the end of the term. o No prepayment penalty. o Taxes and insurance will be escrowed and paid by the lender. Investment Rationale: This property represents a rare opportunity to acquire a well-located, income-producing asset in one of Fort Lauderdale's most sought-after neighborhoods. The combination of strong current income, recent upgrades, and attractive seller financing makes this a highly desirable investment. The property's location and amenities ensure strong tenant demand, contributing to long-term value appreciation. Alex Lizama COLDWELL BANKER COMMERCIAL REALTY 3319 Sheridan Street Hollywood, Florida 33021 Phone number: 305-409-3045 E: alexpassiveincome2@gmail.com Digital business card: https://realtybizcard.com/alexlizama