OFF_MARKETExcellent Deal22 days on market

505 N Fort Lauderdale Beach Boulevard #713

505 N Fort Lauderdale Beach Boulevard #713, Fort Lauderdale, FL 33304, Fort Lauderdale, FL 33304
$265,000
Zestimate®:$251,100

Listing Price

Property image 1
505 N Fort Lauderdale Beach Boulevard #713, Fort Lauderdale, FL 33304
Loc: Fort Lauderdale, FL
Days Listed
22
Tax Assessed
$283k
Zestimate®
$251k
Market Rate
Rent Estimate
$3,137/mo
Est. Cash Flow base
Type
condo

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
2.6 mi away
6

Sunrise Middle School

6-8
1.5 mi away
6

Fort Lauderdale High School

9-12
2.6 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
11.13%
Total ROI
45.3%
Cash Flow
$1,118/mo
DSCR
1.83
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-08-25Pending sale$265,000$305
2026-05-20Price change$265,000$305
2025-11-12Price change$299,000$344
2024-06-06Price change$335,000$386
2024-03-28Price change$355,000$409
2022-03-07Listed for sale$365,000$421
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
1
Baths
2
Sq Ft
868
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: $265,000Rent Basis: Observed Comp Model ($3,137/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $150/mo
Haven ScoreExcellent
10/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
9.21%

NOI: $24,417/yr

Cash-on-Cash Yield
13.0%

On $60,950 invested

DSCR Ratio
1.48x

Prime loan qualification

5-Yr Leveraged ROI
+159.1%

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)-$231/mo
Homeowner / Hazard Insurance-$150/mo
Vacancy Reserve (5% of rent)-$157/mo
Repairs & Maintenance (10% of rent)-$314/mo
Property Management (8% of rent)-$251/mo
Total Pure Operating Expenses-$1,102/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,137/mo
Less: Operating Expenses-$1,102/mo
Net Operating Income (NOI)+$2,035/mo
Less: Debt Service (30yr @ 6.75%)-$1,375/mo
Net Cash Flow
$660/mo
$7,916/year
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