Brett Colby, Realtor®, Owner

535 NW 13th Avenue Fort Lauderdale, FL 33311

2,334 Sqft, Quadruplex

AGENT'S REMARKS ABOUT 535 NW 13TH AVENUE

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.

PROPERTY DETAILS

  • Property Type: Quadruplex
  • Approx Living Area: 2,334 SqFt
  • Year Built: 1978
  • Stories: 1
  • Flooring: Other
  • Roof: Other
  • Total Floors in Building: 1
  • Construction: Other
  • Cooling System: Central Air
  • Heating: Other, Separate Meters
  • Utility Information: Cable Not Available, Sewer Available
  • County: Broward
  • Area: 3460
  • Subdivision: FIRST ADD TO TUSKEGEE PAR
  • Annual Property Taxes: $7,241
  • Elementary School: Walker
  • Junior High School: Sunrise
  • High School: Fort Lauderdale

MAP LOCATION FOR 535 NW 13TH AVENUE FORT LAUDERDALE, FL 33311

SIMILAR LISTINGS NEAR 535 NW 13TH AVENUE

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Do you have questions about 535 NW 13th Avenue Fort Lauderdale, FL 33311? Contact us for more information and to schedule a tour. Brett Colby Group is a local top real estate service in Palm Beach County, FL.

Brett Colby
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Listing courtesy of Trustpoint Realty, LLC. 08.19.2026