535 NW 13th Ave, Fort Lauderdale FL 33311 | Broward County | A12073375
  • $825,000

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.

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  • Address: 13th Ave
  • City: Fort Lauderdale
  • Zip/Postal Code: 33311

Details

Updated on August 20, 2026 at 4:56 pm
  • Property ID A12073375
  • Price $825,000
  • Property Size 2334 Sq Ft
  • Year Built 1978
  • Property Status Active, Residential Income

Additional details

  • Flooring Other
  • Cooling Central Air
  • Association Type None
  • Building FIRST ADD TO TUSKEGEE PAR
  • Area First Add To Tuskegee Par
  • Annual Tax 7241
  • Association No
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront No
  • Subdivision FIRST ADD TO TUSKEGEE PAR
  • Total Stories 1
  • Heating Other
  • Structure Type Quadruplex, Fourplex
  • Tax Year 2025
  • Construction Other
  • Building Area 2334
  • Year Built Details Effective Year Built
  • Flood Zone AE
  • New Construction No
  • Style Fourplex
  • Lot Size (Sq Ft) 0

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Christopher Lazaro

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