535 NW 13th Ave, Fort Lauderdale FL 33311
Fort Lauderdale, FL, 33311
$825,000
+ 2 more photos
Property facts
- Status
- Active
- Price
- $825,000
- Living area
- 2,334 sqft
- Year built
- 1978
- Type
- Quadruplex
- On market
- August 18, 2026
- MLS #
- A12073375
About this quadruplex
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.
Explore the full Fort Lauderdale market intelligence report — pricing trends, inventory & sales pace.
Listing courtesy of Trustpoint Realty, LLC., 305-200-0348. Listing information courtesy of the MIAMI Association of REALTORS® IDX feed. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS's IDX Program. This information is being provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.