Property Details
| Asking Price | $825,000 |
|---|---|
| Price per SqFt | $353 |
| Maintenance fee | Inquire |
| Property Taxes | $7,241 2025 |
| Interior Space | 2,334 SqFt |
| Beds/Baths | —/— |
| Year Built | 1978 |
| Pool | No |
| MLS # | A12073375 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Monthly carry is not computed when the association fee or the taxes are not provided.
From the listing
533 & 535 NW 13th Avenue is a 4-unit multifamily investment in Fort Lauderdale's 33311 submarket, comprised of two side-by-side duplexes on two separate folios. All four units are updated 2BR/1BA apartments with central A/C, updated kitchens and bathrooms, and the property includes six parking spaces. Three units are currently occupied with one vacancy, offering immediate upside from lease-up plus room to raise existing rents to market.At the $825,000 asking price ($206,250/unit), current NOI is $31,600 for a 3.83% cap rate. Bringing all units to market rent of approximately $1,800/unit would grow annual income to $86,400 and NOI to $61,600, a 7.47% cap rate. Convenient access to major roadways, shopping, dining, and employment adds further appeal for investors and tenants alike.
Listed by Trustpoint Realty, LLC.
Sales History for This Home · 535 NW 13th Avenue, Fort Lauderdale, FL 33311
Sales history is unavailable for this property
Listed by Trustpoint Realty, LLC.. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Fort Lauderdale and throughout South Florida.
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Location
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