520 SE 5th Ave 2501, Fort Lauderdale, FL 33301 — MLS photo

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520 SE 5th Ave 2501, Fort Lauderdale, FL 33301

Active · Condominium

$289,000

520 SE 5th Ave 2501, Fort Lauderdale, FL 33301

Beds
1
Baths
1
Living area
894 sq ft
$ / sq ft
$323/sq ft
Year built
2001
Lot size
—
HOA fee
$923
Annual tax
—

About this property

Experience resort-style living in the heart of Las Olas in this bright and spacious 1-bedroom + den residence. This move-in ready unit features an open layout, updated flooring, a modern kitchen with stainless steel appliances, in-unit washer/dryer, and a private balcony overlooking the tropical courtyard and pool area. The versatile den is perfect for a home office, guest space, or flex room. Enjoy a beautifully maintained community with lush landscaping, resort-style pool, fitness center, BBQ area, club room, and secured garage parking. Located just minutes from Las Olas Boulevard, downtown Fort Lauderdale, Brightline, world-class dining, shopping, nightlife, beaches, and the Fort Lauderdale International airport. Some photos have been virtually staged!

Property location

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520 SE 5th Ave 2501, Fort Lauderdale, FL 33301

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
894 sq ft

Exterior & Structure

Property type
Condominium
Year built
2001

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$923
County
Broward
MLS listing ID
A12015816
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

-$756

Cap rate
2.6%
Net yield
2.6%
Cash-on-cash return
-11.2%
Gross yield
10.0%
Mortgage payment
$1,370/mo
Down payment
$72,250
Loan amount
$216,750
Annual NOI
$7,373

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