535 NW 13th Avenue, Fort Lauderdale, FL 33311 (MLS# A12073375)

535 NW 13th Avenue, Fort Lauderdale, FL 33311

$825,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12073375

Property Type: Residential Income Square Footage: 2,334 Status: Active

Current Price: $825,000 List Date: 8/18/2026 Last Modified: 8/19/2026

Overview

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 Details MLS# A12073375

General Property Information

Number Of Units Total: 4
Property Sub Type: Quadruplex
Building Area Main: 2334
Living Area Main: 2334
Adjusted Area Main: 2334
Year Built: 1978
Parking Total: 6
Stories Total: Yes
Pool Private YN: No

Property Features

Documents Available: Other Available Information Flooring: Other Structure Type: Multi Family Construction Materials: Other Cooling: Central Air Heating: Separate Meters; Other Listing Terms: Cash; Conventional Possession: Other Roof: Other Tax Information: Other Exemption Utilities: Cable Not Available; Sewer Available Showing Requirements: Call Listing Agent Unit 1 Parking Features: Parking Space Unit 2 Parking Features: Parking Space Unit 3 Parking Features: Parking Space Unit 4 Parking Features: Parking Space

Contract Information

Comp Sale YN: No
Original List Price: 825000

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 535
Street Direction Prefix: NW
Street Name: 13th
Street Suffix: Avenue
City Name: Fort Lauderdale
State Or Province: FL
Postal Code: 33311
Postal Code +4: 7945
Postal Zip: 33311
Subdivision Name: FIRST ADD TO TUSKEGEE PAR
Area: 3460
Geographic Area: FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Elementary School: Walker
Middle Or Junior School: Sunrise
High School: Fort Lauderdale
Parcel Number: 504204060640
Subdivision Number: 6
Zoning: RS-8
Flood Zone: AE

Financial Information

Tax Annual Amount: 7241
Tax Year: 2025
Tax Legal Description: FIRST ADD TO TUSKEGEE PARK 9-65 B LOT 9 BLK 4

Status Change Information

Major Change Timestamp: 2026-08-18T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-08-18

More Information

Income and Expenses

Gross Income: 4700

Unit 1 Details

Actual Rent: 1700
Baths Full: Yes
Efficiency YN: No

Unit 1 Lease Description

Currently Leased YN: Yes

Unit 2 Details

Actual Rent: 1600
Baths Full: Yes
Efficiency YN: No

Unit 2 Lease Description

Currently Leased YN: Yes

Unit 3 Details

Actual Rent: 1400
Baths Full: Yes
Efficiency YN: No

Unit 3 Lease Description

Currently Leased YN: Yes

Unit 4 Details

Baths Full: Yes
Efficiency YN: No

Unit 4 Lease Description

Occupant Type: Vacant

Price Calculations

Current Price To SqFt: 353.47

Section Details

Parcel Number MLX: 0640

Originating Details

Originating System Key: 554303118
Originating System ID: M00000151

Listing Office: Trustpoint Realty, LLC.

Last Updated: August - 19 - 2026

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