739 NE 13th Court, Fort Lauderdale, FL 33304
Five residential units with separate electric meters and updated systems, plus a furnished-style outdoor setup for one unit.
- Added:
- Jan 24, 2026
- Days on Market:
- 150
- Last Refresh:
- Jun 20 at 4:58 am
Property Features for 739 NE 13th Court
General Information
- Standard status
- Active
- Size
- 3,544 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1965
Listing agent Lori Gallione License #3118618
Listing office Gallione Realty, Inc. (954) 647-5346
Listing date Jan 24, 2026
Source Crexi
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 Gallione Realty, Inc.
HighLights
- Five‑plex built in 1965 with all units having separate electric meters plus one main water meter.
- Seller financing available.
- Unit updates include Unit 2 and Unit 5 being updated, with all electric panels updated.
- Roof is 2019 and the exterior was recently painted.
- Unit 5 (2/1) includes a fenced yard, patio, and outdoor washer/dryer.
- Income details: Unit 1 and Unit 3 are 1/1 at $1,000; Unit 4 is 1/1 at $1,000 month‑to‑month; Unit 2 is a vacant 1/1; Unit 5 is 2/1 at $2,000 with leases expiring 8/15/2026 and 3/31/2027 for the noted units.
Overview
The building is described as being on a corner with Middle River Terrace Park, positioned for access to the park’s picnic, walking trail, and play area. The seller notes the property is centrally located, with minutes to the beach, Galleria Mall, and downtown.
This property may fit investors seeking a five-plex with both month-to-month and longer-term leases already in place, along with noted unit updates and system improvements. Seller financing is available, and the current unit mix includes one vacant 1/1 and a larger 2/1 with outdoor amenities.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $102.1k | $28.80 |
| − Vacancy | −$5.3k | −$1.50 |
| EGI | $96.8k | $27.30 |
| − OpEx | −$43.5k | −$12.29 |
| NOI | $53.2k | $15.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.1352727
- Latitude
- 26.1436146
