505 SE 20th St # 6, Fort Lauderdale FL 33316 | Broward County | A11825502
  • $1,490,000

Description

Amazing Opportunity to Own a 6 Unit Multi-Family Complex in the Heart of Fort Lauderdale. This Property Features 6 Fully Furnished Units: 2 2Bed/1 Bath Units, 2 1Bed/1Bath Units and 2 Studios. All The Units Are Fully Equipped with Kitchens and Tons of Closet Space. Property has 10 Parking Spots and On-Site Laundry. All The Units Feature Wood and Tile Floors. Location Offers Easy Access to Port Everglades, Fort Lauderdale-Hollywood International Airport, All Major Roadways, Shopping, Dining, Public Parks and Public Transportation. Just Minutes to the White Sandy Fort Lauderdale Beaches! This property has been on Airbnb management, the yearly revenue is $160k with 86% occupancy (attached document)

Property Overview

This is a -bedroom, -bath home of about square feet at 505 SE 20th St # 6, Fort Lauderdale FL 33316 (Fort Lauderdale 33316), listed at $1,490,000.

Monthly Costs, Stated Plainly

This home has no mandatory HOA (single-family / no association on record).

The tax of record is $24,266 (recent). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Broward rate near 2.1%: without homestead, about $31,290/yr (≈ $2,608/mo); with the homestead exemption on a primary residence, about $30,240/yr (≈ $2,520/mo). Confirm with the Broward Property Appraiser and a tax professional — these are estimates, not quotes.

Frequently Asked Questions

What is the list price, and what typically conveys with a home like this?

The list price for 505 SE 20th St #6 is $1,490,000. While the MLS does not specify the furnished status, fixtures and built-in appliances—like lighting, shelving, and the oven—are included with the home. Community amenities (if any) would be shared through the HOA and not part of the conveyance; we’ll confirm those details for you. For precise inclusions and a walkthrough, contact Christopher Lazaro, Fort Lauderdale Real Estate Agent, to verify and discuss your priorities.

Where exactly is it, and what should I know about the location?

505 SE 20th St #6 is located in Fort Lauderdale 33316, positioned along the city’s sought-after coastal corridor near the Intracoastal Waterway. The area offers convenient access to downtown, beaches, and major thoroughfares like US-1 and A1A. For precise insights on local amenities or to schedule a private tour, contact Christopher Lazaro, Fort Lauderdale Real Estate Agent, directly.

What are the HOA / association fees, and what do they cover?

This single-family home at 505 SE 20th St has no mandatory HOA or association fees—the owner handles all utilities, landscaping, and exterior upkeep independently. While not governed by an HOA, the property remains subject to Fort Lauderdale’s city ordinances, which cover zoning, noise, and other local regulations. For full details or to clarify municipal requirements, contact Christopher Lazaro, Fort Lauderdale Real Estate Agent, directly—he’ll ensure you’re fully informed before proceeding.

What are the property taxes and homestead implications?

The tax of record for 505 SE 20th St #6 is $24,266 (recent), but Florida reassesses at sale. As an ESTIMATE ONLY — using this $1,490,000 list price and Broward’s approximate 2.1% rate — annual taxes would be roughly $31,290 (≈ $2,608/mo) without homestead, or $30,240 (≈ $2,520/mo) with Florida’s homestead exemption, which reduces taxable value for primary residences only. These are estimates, not quotes; consult the Broward Property Appraiser and a tax professional for precise figures. For personalized guidance, contact Christopher Lazaro, Fort Lauderdale Real Estate Agent, to verify these projections.

Is the home in a flood zone, and what does that mean?

Flood zones indicate a property's risk level for flooding, with FEMA classifying areas as high-risk (like Zone A or V) or moderate/low-risk (Zone B, C, or X). You can review FEMA's flood zone definitions or View the FEMA flood map for this address to assess specifics. If the home falls in a high-risk zone, lenders typically mandate flood insurance—a key cost factor. For precise guidance on this property's status and implications, connect with Christopher Lazaro, Fort Lauderdale Real Estate Agent, who’ll clarify protections and next steps.

Are pets allowed?

Since this is a single-family home at 505 SE 20th St #6, there’s no condo or HOA pet policy—ownership means full discretion over pets, provided they comply with local ordinances and any active lease terms. Documented service animals and emotional support animals (ESAs) are protected under federal law. For complete clarity on pet allowances or lease specifics, contact Christopher Lazaro, Fort Lauderdale Real Estate Agent, directly.

How is the price set and is there room to negotiate?

The $1,490,000 list price reflects a tailored CMA for 505 SE 20th St #6, accounting for recent sales in this sought-after Fort Lauderdale building and its walkable Victoria Park vicinity. Broward’s broader market context shows single-family homes closing at 96% of original list (MIAMI REALTORS®, May 2026), averaging 35 days to contract—so while negotiation room exists, it’s measured. Before drafting an offer, I’ll provide a fresh Fort Lauderdale-specific CMA to pinpoint the ideal strategy. Connect directly with Christopher Lazaro, Fort Lauderdale Real Estate Agent, to verify these insights and discuss your position.

What financing step do you recommend before touring?

Before touring 505 SE 20th St #6, I strongly recommend securing a pre-approval with a licensed Florida mortgage professional. This not only clarifies your budget but strengthens your position in competitive markets like Fort Lauderdale’s $1,490,000 segment. Reach out to me, Christopher Lazaro, directly to verify lenders or discuss next steps—I’m here to ensure your search starts on solid footing.

Have a question about this Fort Lauderdale listing?

Talk directly with Christopher Lazaro, your Fort Lauderdale real estate advisor. No pressure — real answers.

  • Address: 20th St
  • City: Fort Lauderdale
  • Zip/Postal Code: 33316

Details

Updated on June 17, 2026 at 9:37 am
  • Property ID A11825502
  • Price $1,490,000
  • Year Built 1958
  • Property Status Active, Commercial Sale

Additional details

  • Flooring Tile, Wood
  • Cooling Central Building A/C, Wall/Window Unit(s)
  • Annual Tax 24266
  • Association No
  • Private Pool No
  • Listing Terms All Cash, Conventional/Refinance
  • Waterfront No
  • Total Stories 2
  • Parking Assigned
  • Heating Central Electric, Wall/Window Units
  • Structure Type Free Standing
  • Construction Concrete Block With Brick
  • Building Area 3035
  • Year Built Details Resale
  • Unit Number 1-6
  • Inclusions Furniture/Fixtures
  • Flood Zone X
  • New Construction No
  • Lot Size (Sq Ft) 6977

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