535 NW 13th Ave, Fort Lauderdale, FL 33311
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
Listed by: joseph suarez, nicholas arias
Office: trustpoint realty, llc.305-200-0348
MLS#:A12073375
Source:SEFMLS
Price summary
- Price:$825,000
- Price per sq. ft.:$353.47
About this home
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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Home facts
- Year built:1978
- Subdivision & Development:FIRST ADD TO TUSKEGEE PAR
- Listing ID #:A12073375
- Updated:October 07, 2026 at 09:55 AM
Rooms and interior
- Living area:2,334 sq. ft.
Heating and cooling
- Cooling:Central Air
- Central air:Yes
Structure and exterior
- Year built:1978
- Building area:2,334 sq. ft.
- Lot Features:Flood Zone
- Architectural Style:Fourplex
- Levels:1 Story
Finances and disclosures
- Price:$825,000
- Price per sq. ft.:$353.47
- Tax amount:$7,241 (2025)
Parking
- Total parking spaces:6
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