518 NW 13th Ave, Fort Lauderdale, FL 33311 — MLS photo

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518 NW 13th Ave, Fort Lauderdale, FL 33311

Active · SingleFamilyResidence

$289,000

518 NW 13th Ave, Fort Lauderdale, FL 33311

Beds
3
Baths
3
Living area
— sq ft
$ / sq ft
—
Year built
2026
Lot size
3,955 sq ft
HOA fee
—
Annual tax
$1,368

About this property

Bring your vision to life with this incomplete new-construction opportunity in the heart of Fort Lauderdale. Offered as-is, this property presents a rare chance for investors or builders to complete a thoughtfully designed modern home and unlock immediate upside. The planned layout features an open-concept living space, a gourmet-style kitchen, and a second floor with three bedrooms and a private balcony. A recently closed comparable next door sold for $520,000, underscoring the strong value potential. Don’t miss this equity-building opportunity in a rapidly evolving neighborhood. All measurements to be verified by Buyer or Buyer’s representative. Note that there is one actual photo of the home and the rest are renderings of what was projected per the plans. The home is presently just a shell with some framing inside. Fines/special magistrate are an estimated $100,000+ which can be negotiated down with the city directly.

Property location

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518 NW 13th Ave, Fort Lauderdale, FL 33311

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Flooring
Other
Appliances
None
Cooling
Other
Heating
Other
Interior features
First Floor Entry, Upper Level Primary

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2026
Lot size
3,955 sq ft
Architectural style
Detached, Two Story
Roof
Concrete
Construction
Block
Exterior features
Fence
Pool
None
View
Other

Parking

Garage spaces
0
Covered spaces
1
Parking features
Driveway

HOA, Community & Financials

Annual tax
$1,368
Subdivision
FIRST ADD TO TUSKEGEE PAR
County
Broward
Days on market
249
MLS listing ID
A11942686
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$222

Cap rate
4.8%
Net yield
4.8%
Cash-on-cash return
-3.3%
Gross yield
6.6%
Mortgage payment
$1,370/mo
Down payment
$72,250
Loan amount
$216,750
Annual NOI
$13,781

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.