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$239,000
520 SE 5th Avenue 2307
Fort Lauderdale, FL 33301
MLS# A12035945
1 beds  |  1 baths  |  816 sqft


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Property Description
Investor Opportunity – Tenant in Place with Immediate Income!Exceptional opportunity to own in one of Fort Lauderdale's most desirable locations with a tenant already in place on a one-year lease at $2,400 per month, providing immediate rental income. Brand new impact hurricane windows and patio sliders. All new paint and flooring. Located in a highly secure, professionally managed building in the heart of Las Olas, residents enjoy outstanding amenities including a resort-style pool, jacuzzi, fitness center, yoga studio, library, billiards room, vending area, and on-site management—all under one roof.Step outside and enjoy the best of the Fort Lauderdale lifestyle. Stroll or bike along the scenic New River, watch luxury yachts cruise by, or hop on the complimentary Circuit golf carts for a quick ride to Fort Lauderdale Beach, world-famous Las Olas Boulevard, restaurants, boutique shopping, art galleries, and entertainment. Pickleball courts, grocery stores, public transportation, and Fort Lauderdale-Hollywood International Airport are all conveniently nearby.Whether you're looking for a turnkey investment with immediate cash flow or a future residence in an unbeatable location, this property offers the perfect combination of income, convenience, security, and lifestyle.

Details
Maps
Contract Information
Comp Sale YN: No
Occupant Type: Tenant
Listing Date: 2026-06-11
Status: Active
Original List Price: 320000
List Price: $239,000
Current Price: $239,000
Location and Legal
County Or Parish: Broward
County Parish Name: Broward
City Name: Fort Lauderdale
Postal Zip: 33301
Geographic Area: FTSE - Ft Lauderdale SE (3280-3282;3600;3800)
Special Assessment YN: Yes
Flood Zone: AE,X
Country: United States
Street Number: 520
Street Direction Prefix: SE
Street Name: 5th
Street Suffix: Avenue
Unit Number: 2307
State Or Province: FL
Postal Code: 33301
Postal Code +4: 2958
Subdivision Name: LAS OLAS BY THE RIVER CON
Area: 3800
Elementary School: Croissant Park
Middle Or Junior School: New River
High School: Stranahan
Parcel Number: 504210BA1240
General Property Information
Unit Floor #: 3
Adjusted Area Main: 816
Living Area Main: 816
Senior Community YN: No
Land Lease YN: Yes
Stories Total: 7
Property Sub Type: Condominium
Bedrooms Total: 1
Bathrooms Total: 1
Bathrooms Full: 1
Building Area Main: 816
Year Built: 2001
Garage YN: 1
Garage Spaces: 1
Covered Spaces: 1
Waterfront YN: 1
Financial Information
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 1038
Membership Fee Required YN: No
Membership Fee Amount: 0
Association YN: 1
Association Fee: 938
Association Fee Frequency: Monthly
Tax Annual Amount: 5755
Tax Year: 2025
Tax Legal Description: LAS OLAS BY THE RIVER CONDO UNIT 2307 BLDG 2 PER CDO BK/PG: 40767/1258
Office/Member Information
DXORIGMLSID: SEF
Application Fee Details
Application Fee Required: Yes
Application Fee: 150
Application Information
3-4 Weeks Approval: 1
Amenities
Billiard Room: 1
Business Center: 1
Cabana: 1
Jogging Path: 1
Lobby: 1
Parking: 1
Association Fee Includes
Common Areas: 1
Elevator: 1
Maintenance Grounds: 1
Pest Control: 1
Pool Service: 1
Recreation Facility: 1
Roof Repairs: 1
Security: 1
Trash: 1
Exterior Features
Barbecue: 1
Flooring
Laminate: 1
Leasing Permitted Details
Leasing Permitted YN: Yes
Okay To Lease: 1
Okay To Lease During First Year: 1
Parking Features
Assigned: 1
Covered: 1
Parking Information
Open Parking Spaces: 1
Property Condition
Resale: 1
Special Listing Conditions
Real Estate Owned: 1
Possession
Close Of Escrow: 1
Negotiable: 1
Special Information
Sold As-Is: 1
View
Garden: 1
Heating
Central: 1
Leasing Restrictions
Leasing - Max Times Per Year: 2
Leasing - Minimum Number of Days: 180
Unit Description
High Rise: 1
Water Access
None: 1
Appliances
Dishwasher: 1
Construction Materials
CBS: 1
Interior Features
Elevator: 1
Land Lease Information
Land Lease Amount: 100
Land Lease Amount Frequency: Monthly
Listing Terms
Cash: 1
Conventional: 1
Security Features
Lobby - Attended: 1
Security Fence: 1
Security Guard: 1
Waterfront Features
No Fixed Bridges: 1
Cooling
Central Air: 1
Association Type
Condominium: 1
Showing Requirements
Call Listing Agent: 1
Master Bedroom/Bath
Master Bdrm - Ground: 1
Pets Allowed YN
Yes: 1
Pets Allowed
Pet Restrictions Possible: 1
Restrictions
Parking - No RV: 1
Tax Information
City/County: 1
Price Calculations
Current Price To SqFt: 292.89
Section Details
Parcel Number MLX: 1240
Status Change Information
Major Change Timestamp: 2026-10-24T21:44:23Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-24T21:44:23Z
Status Change Date: 2026-06-11
Originating Details
Originating System Key: 511728058
Originating System ID: M00000151
Property Features
Application Information: 3-4 Weeks Approval
Association Fee Includes: Common Areas; Elevator; Maintenance Grounds; Pest Control; Pool Service; Recreation Facility; Roof Repairs; Security; Trash
Exterior Features: Barbecue
Flooring: Laminate
Leasing Permitted Details: Okay To Lease; Okay To Lease During First Year
Parking Features: Assigned; Covered
Property Condition: Resale
Special Listing Conditions: Real Estate Owned
Appliances: Dishwasher
Construction Materials: CBS
Cooling: Central Air
Association Type: Condominium
Heating: Central
Interior Features: Elevator
Listing Terms: Cash; Conventional
Pets Allowed YN: Yes
Pets Allowed: Pet Restrictions Possible
Possession: Close Of Escrow; Negotiable
Restrictions: Parking - No RV
Security Features: Lobby - Attended; Security Fence; Security Guard
Special Information: Sold As-Is
Tax Information: City/County
Unit Description: High Rise
View: Garden
Water Access: None
Waterfront Features: No Fixed Bridges
Showing Requirements: Call Listing Agent

IDX
Listing Office: EXP Realty LLC
Source MLS Verified

Last Updated: October - 24 - 2026

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