OFF_MARKETRisky Deal8 days on market

509 NE 13 Avenue

509 NE 13 Avenue, Fort Lauderdale, FL 33301, Fort Lauderdale, FL 33301
$1,700,000
Zestimate®:$1,769,400$69,400 Under Market

Listing Price

Property image 1
509 NE 13 Avenue, Fort Lauderdale, FL 33301
Loc: Fort Lauderdale, FL
Days Listed
8
Tax Assessed
$1493k
Zestimate®
$1769k
4% Under Valued
Rent Estimate
$7,657/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

9

Harbordale Elementary School

PK-5
1.8 mi away
6

Sunrise Middle School

6-8
1.2 mi away
6

Fort Lauderdale High School

9-12
1.6 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
3.77%
Total ROI
8.5%
Cash Flow
$-3,260/mo
DSCR
0.62
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-04-21Sold$1,760,000$544
2026-03-28Pending sale$1,700,000$525
2026-03-09Listed for sale$1,700,000$525
2020-01-13Sold$1,050,000$324
2019-11-22Pending sale$1,100,000$340
2019-10-10Price change$1,100,000$340
2019-05-06Price change$1,138,000$352
2019-01-04Listed for sale$1,175,000$363
2005-01-13Sold$879,000$272
2003-09-26Sold$662,500$205
1994-09-19Sold$249,500$77

Tax History

YearProperty TaxTax Assessment
2025$27,818.43$1,450,970
2024$25,993.2$1,319,070
2023$24,796.78$1,199,160
2022$21,366.1$1,090,150
2021$18,951.05$991,050
2020$11,068.07$610,230
2019$10,636.41$596,520
2018$10,636.41$585,400
2017$10,136$573,360
2016$10,088.71$561,570
2015$10,175.44$557,670
2014$10,464.34$553,250
2013$10,464.34$702,750
2012$10,115.3$535,970
2011$10,437.6$572,390
2010$10,496.3$545,550
2009$10,917.1$583,490
2008$14,719.2$780,130
2007$16,309.7$842,960
2006$17,630.3$822,400
2005$0$729,410
2004$12,544.4$504,040
2003$5,429.81$244,680
2002$5,404.33$238,950
2001$5,305.02$235,190
2000$5,175.38$0
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
4
Sq Ft
3,236
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $1,700,000Rent Basis: Observed Comp Model ($7,657/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $850/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
2.70%

NOI: $45,916/yr

Cash-on-Cash Yield
-15.3%

On $391,000 invested

DSCR Ratio
0.43x

Negative debt coverage

5-Yr Leveraged ROI
+17.6%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$1,220/mo
Homeowner / Hazard Insurance-$850/mo
Vacancy Reserve (5% of rent)-$383/mo
Repairs & Maintenance (10% of rent)-$766/mo
Property Management (8% of rent)-$613/mo
Total Pure Operating Expenses-$3,831/mo
Net Investor Cash Flow
Gross Scheduled Rent+$7,657/mo
Less: Operating Expenses-$3,831/mo
Net Operating Income (NOI)+$3,826/mo
Less: Debt Service (30yr @ 6.75%)-$8,821/mo
Net Cash Flow
$-4,995/mo
$-59,935/year
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