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625 NE 13th Ave 4 Unit Apartment Building $2,099,000 ($524,750/Unit) Fort Lauderdale, FL 33304
Investment Highlights
- Located in Victoria Park Area.
- Close to Downtown Ft Lauderdale, Las Olas Blvd, Ft Lauderdale Beach, and FLL International Airport.
- Features include pool, private parking, and proximity to Holiday Park.
Executive Summary
This luxury fourplex in Fort Lauderdale’s Victoria Park neighborhood offers a rare investment opportunity with short-term rental approval. Recently renovated in 2023, the property features four units—two with two bedrooms and one bath, and two with one bedroom and one bath—along with a private pool and dedicated parking. Its prime location provides easy access to Holiday Park, Downtown Fort Lauderdale, Las Olas Boulevard, Fort Lauderdale Beach, and FLL International Airport, making it highly desirable for both vacationers and long-term tenants.
Property Facts
| Price | $2,099,000 | Building Class | C |
| Price Per Unit | $524,750 | Lot Size | 0.23 AC |
| Sale Type | Investment | Building Size | 5,249 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1955/2019 |
| Property Subtype | Apartment | Parking Ratio | 2.51/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RMM-25 - Residential Mid Rise Multifamily/Medium High Density District | ||
| Price | $2,099,000 |
| Price Per Unit | $524,750 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 5,249 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1955/2019 |
| Parking Ratio | 2.51/1,000 SF |
| Zoning | RMM-25 - Residential Mid Rise Multifamily/Medium High Density District |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | 750 |
| 2+2 | 2 | - | 850 |
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Moderately walkable
70/100
Moderately drivable
60/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 49-42-34-07-3570 | Improvements Assessment | $1,559,940 |
| Land Assessment | $253,130 | Total Assessment | $1,813,070 |
Property Taxes
Parcel Number
49-42-34-07-3570
Land Assessment
$253,130
Improvements Assessment
$1,559,940
Total Assessment
$1,813,070
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625 NE 13th Ave