$825,000
0 beds0 baths2,334 sqft|A12073375 MLS#535 NW 13th Ave, Fort Lauderdale, FL 33311
Quadruplex
Multifamily
Built in
1978
Lot size
N/A
Price/sqft
$353
HOA
None
Listed by: Joseph Ricardo Suarez 305-200-0348, Trustpoint Realty, LLC. 305-200-0348
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Preferred Brokerage Partner
Kinsfolk Signature Realty
What's special
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.
Map
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Facts & features
Bedrooms & bathrooms
- •Bedrooms:0
- •Bathrooms:0
- •Full bathrooms:0
Heating
- •Has Heating:Yes
Interior area
- •Total structure area:2,334 sqft
- •Total interior livable area:2,334 sqft
Parking
- •Parking features:N/A
- •Garage spaces:0
- •Has attached garage:No
Lot
- •Size:N/A
Details
- •Parcel number:N/A
Type & style
- •Home type:Quadruplex
- •Property subtype:Multifamily
Materials
- • N/A
Condition
- •Year built:1978
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Price history
| Date | Event | Price |
|---|---|---|
| 2026-08-18T00:00:00.000Z | Listed for sale | $825,000$353/sqft |
Get price drop alert on this property the moment it happen
Preferred Brokerage Partner
Kinsfolk Signature Realty
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