Multifamily in Fort Lauderdale, FL 33315Tarpon River, 520 SW 5th Ave #1-2
Share
Closed
1,568
SqFtStatus
Sold - Nov 03, 2025
Size
1,568 SqFt (146 m2)
Price
$536/SqFt ($5,766/m2)
Type
Multifamily
Built
1935
MLS Number
F10479230
On Site
612 Days
Updated
58 Days ago
Page Views
0
PRIME TURNKEY INCOME PRODUCING property to add to your portfolio, offering exceptional rental income & future development potential. Located in the desirable Tarpon River neighborhood, just steps from the New River, Las Olas & in the heart of Fort Lauderdale, this property features 2 beautifully remodeled units. Each unit offers 2 bedrooms, 1 bathroom, in-unit laundry, & separate electrical meters. Lower unit includes a private backyard with a hot tub, while the upper unit is fully furnished & actively generating income through Short Term Rentals. Oversized 145' x 50' lot (7,250 sq ft) with RD-15 zoning, this property is ideal for future redevelopment. Recent improvements completed include new roof, water heaters, electrical systems, HVAC systems. NO HOA. Financials provided upon request. Furniture included in upper floor. Amazing tenant in lower unit till May but would like to stay more years.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: Central, SeparateMeters
- Cooling Description: CentralAir
Building and Construction
- Floor Description: Laminate
- Year Built: 1935
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2025-01-07T10:11:09.000-00:00
Taxes, Fees & More
- Maintenance Includes: Sewer,Trash
- Taxes: 14892
- Real Estate Taxes: 726330
- Total Floors in Building: 2
- Total Units in Building: 2
- Total Units in Complex: 2
Apples-to-Apples Comparables
Price History
Current
$840K
High
$919K
Low
$840K
Total Change
-8.6%Date
Event
Price
Change
Price Per
11/03/2025
Sold
$840K
0%$536 ft2
$5,766 m2
04/09/2025
Price Reduced
$840K
-6.55%$536 ft2
$5,766 m2
04/09/2025
Price Reduced
$899K
-2.19%$573 ft2
$6,171 m2
01/07/2025
Listed
$919K
 $586 ft2
$6,309 m2
11/03/2025
$840K
Event
Sold
Change
0%Price Per
$536 ft2
$5,766 m2
04/09/2025
$840K
Event
Price Reduced
Change
-6.55%Price Per
$536 ft2
$5,766 m2
04/09/2025
$899K
Event
Price Reduced
Change
-2.19%Price Per
$573 ft2
$6,171 m2
01/07/2025
$919K
Event
Listed
Price Per
$586 ft2
$6,309 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Maria Isabel Sanchez • Gilvan Realty Corp. • Buyer Agency Compensation .
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Scores
72
100
49
100
69
100
75
100
0
100
33
100
2
100
Community Snapshot
1 – 5 BR
Bedrooms
$210K – $2.8M
Price Tier
510 - 6,108
SqFt Range
1972
Year Build
3
Total Floors
Subdivision Amenities
Barbecue
Bike Storage
Boat Dock
Car Wash Area
Clubhouse
Elevators
Fitness Center
Laundry
Library
Maintenance Grounds
None
Parking
Pickleball
Pool
Security
Storage
Trash
Vehicle Wash Area
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