520 SE 5th Avenue 2404, Fort Lauderdale, FL 33301 — MLS photo

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520 SE 5th Avenue 2404, Fort Lauderdale, FL 33301

Active · Condominium

$409,000

520 SE 5th Avenue 2404, Fort Lauderdale, FL 33301

Beds
2
Baths
2
Living area
1,083 sq ft
$ / sq ft
$378/sq ft
Year built
2001
Lot size
—
HOA fee
$1,117
Annual tax
—

About this property

2 PATIOS + 2 PRIMARY SUITES | SHORT WALK TO LAS OLAS Highly sought-after corner residence offers amazing privacy, abundant natural light, and serene treetop views—a combination rarely found in the building. The remodeled interior features a bright, open layout, new flooring, updated bathroom vanities, and an upgraded kitchen with granite countertops and stainless steel appliances. 2 spacious primary suites, each with its own bathroom, offer added comfort and privacy, while 2 private patios provide inviting outdoor spaces. Enjoy resort-style amenities including a pool, hot tub, fitness center, yoga room, BBQ area, business center, game room, and clubhouse. Ideally located just a short walk from Las Olas BLVD, the New River, shopping, dining, and entertainment. **Low HOA fees.** The building has recently completed several major improvements, including a new roof, new elevators, and an upgraded fire alarm and life safety system. All three related assessments have either been paid or will be paid by the seller at closing, providing additional value for the buyer. Photos only tell part of the story. Come see the space, privacy, and beautiful treetop views in person.

Property location

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520 SE 5th Avenue 2404, Fort Lauderdale, FL 33301

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,083 sq ft

Exterior & Structure

Property type
Condominium
Year built
2001
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,117
County
Broward
MLS listing ID
F10545360
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

-$1,175

Cap rate
2.2%
Net yield
2.2%
Cash-on-cash return
-12.3%
Gross yield
9.0%
Mortgage payment
$1,939/mo
Down payment
$102,250
Loan amount
$306,750
Annual NOI
$9,161

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