Atlantic Luxury AdvisorsKeller Williams Realty Services

42 photos

520 5th Ave #2303

Fort Lauderdale, FL 33301

$450,000
3
2
1,447 sq ft
2006
2 car
Condominium
$1,491/mo
281
Active

Listing courtesy of Pulse Int'l Realty FL Inc. Contact: [email protected].

About this home

NEW Price Adjustment! Opportunity knocks—previous buyer’s contract fell through due to a home sale contingency. Now is your chance to secure this high-performing asset in the heart of Downtown Fort Lauderdale! With immediate leasing allowed (minimum 6 months), this massive 3-bedroom, 2-bath residence with a versatile den is an investor's dream. This turnkey, tenant-ready unit boasts two coveted, assigned parking spots (a premium feature that dramatically increases rental value) and is situated in a high-demand, walkable rental market steps from Riverwalk, the Water Taxi, and Las Olas. Protect your bottom line: the building has just completed major capital improvements (new roof and modernized elevators), and the seller has already paid the special assessment in full. Tenants will love the updated gym, resort-style pool, and unrivaled downtown lifestyle. Seamless cash flow meets long-term appreciation in Broward’s premier location. Schedule your tour today!

What it costs to own
Estimated monthly payment
$4,725/mo
Principal and interest
$2,275
Property tax
$676
Homeowners insurance
$283
HOA
$1,491

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$8,108/yr

Estimate: the price times the Broward County average total millage (19.86 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
$1,491/mo (from the listing)
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location
Location from the listing's MLS coordinatesMap data © OpenStreetMap contributors

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.