Search
5-Unit Short-Term Rental Portfolio
For Sale
$569,900

507 NW 8th Avenue 1, Fort Lauderdale, FL 33311

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

Property Size1,205 SF
Price / SF$103.62
Days on Market209

Property Features for 507 NW 8th Avenue 1

General Information

Standard status Active
Size 1,205 SF
Class Class A
Total Parking Spaces 10
Property subtype Duplex

Units

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

Additional Details

Furnished Yes
Opportunity Zone Yes

Taxes and HOA fees

Annual Taxes $9,668

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

Building Details

Building Size 1,205 SF
Year Built 2023
Listing Agency: Florida Realty of Miami Corp
Listed By: Jose Ignacio Gonzalez · License #0630027
Source: Tylertuchow
Added: Feb 13 Changed: Sep 8 Last Checked: Sep 9 at 7:49AM

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 Florida Realty of Miami Corp

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

Unlock full access to Insights Subscribe to Realmo Intelligence
Open 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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 Avenue 1 Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $569,900.
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
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message