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5-Unit Short-Term Rental Portfolio
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507 NW 8th Ave, Fort Lauderdale, FL 33311

Furnished townhomes feature private garages, full kitchens, in-unit laundry, and dedicated parking.

Property Size5,500 SF
Days on Market146

Property Features for 507 NW 8th Ave

General Information

Standard status Active
Size 5,500 SF
Class Class A
Total Parking Spaces 10
Property subtype Multifamily

Units

Unit Mix 5 x 3BR/2.5BA
Multifamily Units 5
Parking per Unit 2

Additional Details

Furnished Yes
Opportunity Zone Yes

Amenities

Full kitchen
Keurig coffee machine
Full size washer/dryer
Smart TVs in all bedrooms
Board games
Mega Jenga
Retro video game system
Arcade game
Free WiFi
Listing Agency: Miami Real Estate Agency
Listed By: Nicholas Hiersche · License #FL 3448167
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 12:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Miami Real Estate Agency

Investment Insights

Based on property information with market context.

This short-term rental property consists of 5 matching townhomes, each offering 3 bedrooms, 2.5 bathrooms, approximately 1,100 square feet, and a 1-car garage. Interior amenities include a master suite, guest bedroom, bunk room, full kitchen with major appliances and cookware, full-size washer and dryer, Smart TVs, WiFi, and recreation features. Each residence also has 1 assigned parking space in a private lot.

Located at 507 NW 8th Ave in Fort Lauderdale, the complex is within walking and biking distance of Downtown Fort Lauderdale, Las Olas Boulevard, Fort Lauderdale Beach, Riverwalk, museums, parks, restaurants, nightlife, marinas, and other area attractions. The property is less than 1 block from The Adderley, a mixed-use development with 455 multifamily rental units, 17,752 square feet of leasable commercial space, and a 498-space parking structure.

Key Highlights

  • 5 matching townhomes, each with 3 bedrooms, 2.5 bathrooms, and approximately 1,100 square feet
  • Each unit includes a 1‑car garage and 1 assigned parking space in a private lot
  • Full kitchens, full‑size washer/dryer, Smart TVs, stocked cookware, and WiFi in every townhome

Property Analytics

Current Use

Dan's Finest Garage ... General Contractor

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Fish Market Pet Grooming Service Butcher Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

4,367
Businesses Nearby

Demographics for 33311, FL

69,413
Population
27,330
Households
2.5
Avg Household Size
37
Median Age
18%
College-Educated
81%
High-School Grad
10.4 sq mi
ZIP Area
6,674
Density / Sq Mi
$51,918
Median Household Income
$32,717
Median Earnings
$1,385
Median Rent
$276,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Short term rental property - Furnished townhomes feature private garages, full kitchens, in-unit laundry, and dedicated parking.
Where is this short term rental property located?
The property is located at 507 NW 8th Ave Fort Lauderdale, FL.
What are key features of this property?
This property features: 5 matching townhomes, each with 3 bedrooms, 2.5 bathrooms, and approximately 1,100 square feet; Each unit includes a 1‑car garage and 1 assigned parking space in a private lot; Full kitchens, full‑size washer/dryer, Smart TVs, stocked cookware, and WiFi in every townhome
More about this property
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