535 NW 13th AVE, Fort Lauderdale, FL 33311
535 NW 13th AVE, Fort Lauderdale, FL 33311
535 NW 13th AVE, Fort Lauderdale, FL 33311
535 NW 13th AVE, Fort Lauderdale, FL 33311
535 NW 13th AVE, Fort Lauderdale, FL 33311
535 NW 13th AVE, Fort Lauderdale, FL 33311
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Joe Desane

Joe Desane

+1(561) 827-3659
$ 825,000
Est. payment | /mo

2,334 SqFt

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$ 825,000
Est. payment | /mo
Save Virtual Tour

2,334 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,334 sqft

Price per Sqft $353

Subdivision First Add To Tuskegee Par

MLS Listing ID A12073375

HOA Y/N No

Total Fin. Sqft 2334

Year Built 1978

Annual Tax Amount $7,241

Tax Year 2025

Property Sub-Type Quadruplex

Property Description

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.

Location

State FL

County Broward

Area 3460

Zoning RS-8

Interior

Interior Features InteriorFeatures

Heating Other, Separate Meters

Cooling Central Air

Flooring Other

Fireplace No

Exterior

Utilities Available Cable Not Available, Sewer Available

Roof Type Other

Total Parking Spaces 6

Private Pool No

Building

Dwelling Type Multi Family

Story 1

Structure Type Other

Schools

Elementary Schools Walker

Middle Schools Sunrise

High Schools Fort Lauderdale

Others

Tax ID 504204060640

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12073375

BeachesMLS, Inc. (FLR) IDX
Listed by Joseph Ricardo Suarez Trustpoint Realty, LLC.

NEARBY SCHOOLS & PROPERTIES

Joe Desane

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(561) 827-3659

joe@stayfl.co

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535 NW 13th AVE