520 SE 5th Avenue, #2307
Fort Lauderdale, FL 33301
$289,000
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.
| MLS#: | A12035945 |
|---|---|
| Status: | Active |
| Living Area: | 816 |
| Waterfront?: | Yes |
| Association: | Las Olas By The River Con |
| Year Built: | 2001 |
| Amenities: | BilliardRoom, BusinessCenter, Cabana, Parking, Trails, Elevators |
| Association?: | Yes |
| Covered Spaces: | 1.0 |
| Elementary School: | Croissant Park |
| Garage Spaces: | 1.0 |
| High School: | Stranahan |
| Interior Features: | Elevator, MainLevelPrimary |
| Land Lease Amount: | $100 |
| Financing Type: | Cash, Conventional |
| Parking Features: | Assigned, Covered |
| Security Features: | LobbySecured, SecurityFence, SecurityGuard |
| Price: | $289,000.00 |
|---|---|
| Property Type: | Condominium |
| Total Area: | 816.0 |
| Waterfront Type: | NoFixedBridges, None |
| Association Fee: | $938 |
| Association Fee Paid: | Monthly |
| Association Fee Includes: | CommonAreas, MaintenanceGrounds, PestControl, Pools, RecreationFacilities, Roof, Security, Trash |
| Exterior Features: | Barbecue |
| Flooring: | Laminate |
| Garage?: | Yes |
| Land Lease Amount Frequency: | Monthly |
| Land Lease?: | Yes |
| Middle School: | New River |
| Pets Allowed: | PetRestrictions, Yes |
| View: | Garden |
| Pets Allowed?: | Yes |
Listing Courtesy of: EXP Realty LLC
Listing Agent: Lisa Mandel Russo
917-270-5816
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 BeachesMLS, Inc. All rights reserved.
BeachesMLS data last updated on October 09, 2026 01:37 AM - ET
Property Last Updated: October 09, 2026 01:37 AM - ET
