$825,000

535 NW 13th Avenue, Fort Lauderdale, FL 33311

  • 2,334 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1978
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $353/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Date Added:
August 18, 2026
Data Last Updated:
September 28, 2026 at 3:19AM
Listing Office:
Trustpoint Realty, LLC. : 305-200-0348
Listing Agent:
Joseph Ricardo Suarez : 305-200-0348
MLS ID:
A12073375
  • Flooring: Other
  • A/C: Central Air
  • Heating: OtherSeparate Meters
  • Parking: Parking spaces: 6
  • Roofing: Other
  • General: Other1
  • Originating MLS: BEACH_MIAMI
  • County: Broward
  • Zoning: RS-8FIRST ADD TO TUSKEGEE PARK 9-65 B LOT 9 BLK 4504204060640
  • Utilities: Cable Not AvailableSewer Available
  • Source: BEACH_MIAMI

This listing courtesy of Joseph Ricardo Suarez , Trustpoint Realty, LLC.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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