533 & 535 NW 13th Avenue is a 4-unit multifamily investment in Fort Lauderdales 33311 submarket, comprised of two side-by-side duplexes on two separate folios. All four units are updated 2BR/1BA apartments with central A/C, updated kitchens and bathrooms, and the property includes six parking spaces. Three units are currently occupied with one vacancy, offering immediate upside from lease-up plus room to raise existing rents to market.

At the 825,000 asking price (206,250/unit), current NOI is 31,600 for a 3.83% cap rate. Bringing all units to market rent of approximately 1,800/unit would grow annual income to 86,400 and NOI to 61,600, a 7.47% cap rate. Convenient access to major roadways, shopping, dining, and employment adds further appeal for investors and tenants alike.