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535 13th Ave, Fort Lauderdale, FL
Offering:
For Sale
Location:
Fort Lauderdale, FL 33311
Subdivision:
FIRST ADD TO TUSKEGEE PAR
Status:
Active
$825,000
Deemed reliable but not guaranteed.
Details
Year built:
1978
Levels:
One
Stories:
1
Parking:
6 spaces
Style:
Fourplex
Annual tax (2025):
$7,241
Type:
Quadruplex
MLS ID
A12073375
Virtual tour:
Listed by:
Trustpoint Realty, LLC. (TRSP01)
Listing office phone:
305-200-0348
Listing office email:
Listing agent:
Joseph Suarez (3366522)
Features
Utilities
Available:
Cable Not Available
Sewer:
Other
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.
Price history
$825,000 → $825,000
· 1 price changes
Location
535 NW 13th AveFort Lauderdale, FL 33311
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MLS information
Last updated Aug 19, 2026
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
