Condominium

520 SE 5th Ave # 2307

520 SE 5th Ave # 2307, Fort Lauderdale FL 33301 Get directions

$289,000

For Sale

1 Bed · 1 Bath · 816 SqFt

See estimated monthly cost

This listing is courtesy of EXP Realty LLC. Lisa Mandel Russo

Overview

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.

Facts & features

Interior

Living area (sq ft)
816
Full bathrooms
1
  • Lobby
  • Elevator

Building & exterior

Year built
2001
Garage spaces
1
Covered spaces
1
Waterfront
Yes
  • Garden View
  • No Fixed Bridges
  • Barbeque
  • 1 Space
  • Assigned
  • Covered

HOA (homeowners association)

Association fee
$938 per month
Pets allowed
Yes
  • Bike/Jog Path
  • Billiard Room
  • Business Center
  • Cabana
  • No Trucks/Rv'S
  • Ok To Lease
  • Okay To Lease 1st Year
  • Restrictions Or Possible Restrictions

Taxes

Annual tax
$5,755
Tax year
2025
Parcel number
504210BA1240

Listing

MLS number
A12035945
Property type
Condominium
Price per SqFt
$354
Sale condition
REO
Subdivision
LAS OLAS BY THE RIVER CON
On market since
Jun 11, 2026
Days on market
56

Estimated monthly cost

$3,096 per month

Principal & interest (30 yr)
$1,461
Property tax
$480
Insurance (estimated)
$217
Association fee
$938

An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.

Location

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