520 SE 5th Avenue 2303, Fort Lauderdale, FL 33301

3 bed · 2 bath · 1,447 sqft · Built 2006

BACK ON MARKET! Opportunity knocks—previous buyer’s contract fell through due to a home sale contingency. Now is your chance to secure this high-performing asset in the heart of Downtown Fort Lauderdale! With immediate leasing allowed (minimum 6 months), this massive 3-bedroom, 2-bath residence with a versatile den is an investor's dream.This turnkey, tenant-ready unit boasts two coveted, assigned parking spots (a premium feature that dramatically increases rental value) and is situated in a high-demand, walkable rental market steps from Riverwalk, the Water Taxi, and Las Olas.Protect your bottom line: the building has just completed major capital improvements (new roof and modernized elevators), and the seller has already paid the special assessment in full. Tenants will love the updated gym, resort-style pool, and unrivaled downtown lifestyle. Seamless cash flow meets long-term appreciation in Broward’s premier location. Schedule your tour today!

Property type

Condominium

Year built

2006

Stories

7

Subdivision

LAS OLAS BY THE RIVER CON

Waterfront

No

Private pool

No

HOA (monthly)

$1,491

Parcel number

504210BA1200

Annual tax

$5,117

County just value

$352,080

Fort Lauderdale combines the deep-water Intracoastal grid (Las Olas Isles, Harbor Beach, Seven Isles) with downtown high-rises and burgeoning Flagler Village. Dockable waterfront commands the largest premiums in the county.