Premier Brokers International
520 SE 5th Avenue 2307, Fort Lauderdale, FL 33301
Price reducedMLS listing sourceMIAMI REALTORS® MLS
Price reducedMLS® A12035945
$239,000

↓ Price reduced $50,000 on Oct 24, 2026

520 SE 5th Avenue 2307, Fort Lauderdale, FL 33301

Beds
1
Baths
1
Sqft
816
Est. payment$2,878/mo
Home type
Condominium
Year built
2001
Lot size
—
Price / sqft
$293
HOA
$1,038/mo
Community
LAS OLAS BY THE RIVER CON

Property description

Investor Opportunity – Tenant in Place with Immediate Income!Exceptional opportunity to own in one of Fort Lauderdale's most desirable locations with a tenant already in place on a one-year lease at $2,400 per month, providing immediate rental income. Brand new impact hurricane windows and patio sliders. All new paint and flooring. Located in a highly secure, professionally managed building in the heart of Las Olas, residents enjoy outstanding amenities including a resort-style pool, jacuzzi, fitness center, yoga studio, library, billiards room, vending area, and on-site management—all under one roof.Step outside and enjoy the best of the Fort Lauderdale lifestyle. Stroll or bike along the scenic New River, watch luxury yachts cruise by, or hop on the complimentary Circuit golf carts for a quick ride to Fort Lauderdale Beach, world-famous Las Olas Boulevard, restaurants, boutique shopping, art galleries, and entertainment. Pickleball courts, grocery stores, public transportation, and Fort Lauderdale-Hollywood International Airport are all conveniently nearby.Whether you're looking for a turnkey investment with immediate cash flow or a future residence in an unbeatable location, this property offers the perfect combination of income, convenience, security, and lifestyle.

Listing activity

Days on market
141
Listed
Jun 11, 2026
MLS listing updated
Oct 30, 2026
Feed last checked
9 minutes ago

Listed by Lisa Mandel Russo · EXP Realty LLC

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
1
Bathrooms
1
Bathrooms (decimal)
1
Full bathrooms
1
Half bathrooms
0

Rooms & features

Rooms
0
Interior features
Elevator
Flooring
Laminate
Appliances
Dishwasher

Heating & cooling

Heating
Central
Cooling
Central Air
Property

Parking

Garage spaces
1
Garage
Yes
Covered spaces
1
Parking features
Assigned, Covered
Attached garage
No

Exterior

Stories
7
Building area
816 sqft
Exterior features
Barbecue
View
Garden
Waterfront
None, No Fixed Bridges
Waterfront property
Yes
Construction

Type & style

Home type
Condominium
Year built
2001
New construction
No

Materials

Construction
CBS
Property condition
Resale
Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision
LAS OLAS BY THE RIVER CON
MLS area
3800
MLS subarea
FTSE - Ft Lauderdale SE (3280-3282;3600;3800)
Security
Lobby - Attended, Security Fence, Security Guard
Pets allowed
Pet Restrictions Possible, Yes
55+ community
No

Association

Has association
Yes
Association fee
$938 monthly
Estimated monthly dues
$1,038
Amenities
Billiard Room, Business Center, Cabana, Jogging Path, Lobby, Parking
Services included
Recreation Facility, Pool Service, Common Areas, Elevator, Maintenance Grounds, Pest Control, Roof Repairs, Security, Trash
Lease details

Not reported by the listing source.

Location

Area details

City
Fort Lauderdale
County
Broward
ZIP code
33301
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12035945
Possession
Close Of Escrow, Negotiable
Original list price
$320,000
Parcel number
504210BA1240
Annual property tax
$5,755
Tax year
2025
Tax legal description
LAS OLAS BY THE RIVER CONDO UNIT 2307 BLDG 2 PER CDO BK/PG: 40767/1258
Special listing conditions
Real Estate Owned
Additional MLS details

Reported by the listing source

Association Amenities
Billiard Room, Business Center, Cabana, Jogging Path, Lobby, Parking
Association Fee Frequency
Monthly
Association Fee Includes
Recreation Facility, Pool Service, Common Areas, Elevator, Maintenance Grounds, Pest Control, Roof Repairs, Security, Trash
Association
Yes
Bathrooms Total Decimal
1
Bathrooms Total Integer
1
Building Area Total
816
Construction Materials
CBS
County Or Parish
Broward
Days On Market
141
Elementary School
Croissant Park
High School
Stranahan
List Price
239000
Listing Contract Date
2026-06-11
Living Area
816
MLSArea Major
3800
MLSArea Minor
FTSE - Ft Lauderdale SE (3280-3282;3600;3800)
Middle Or Junior School
New River
Mls Status
Active
On Market Date
2026-06-11
Photos Count
42
Postal Code
33301
Price Change Timestamp
2026-10-24T21:44:23Z
Property Sub Type
Condominium
Property Type
Residential
Rooms Total
0
Security Features
Lobby - Attended, Security Fence, Security Guard
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-06-11T04:00:00Z
Stories Total
7
Subdivision Name
LAS OLAS BY THE RIVER CON
Waterfront Features
None, No Fixed Bridges
Tax Annual Amount
5755
Bathrooms Full
1
Bedrooms Total
1
Bathrooms Half
0
Financial Information: Estimated Monthly Assoc Recurring Fee
1038

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Jun 11, 2026ListedMIAMI REALTORS® MLS$320,000$392/sqft
Oct 24, 2026Price reducedMIAMI REALTORS® MLS$239,000$293/sqft

Public tax history

YearProperty taxesAssessment
2025$5,755—

Payment calculator

Estimated monthly payment$2,878/moIllustrative estimate, not a loan offer.
Principal & interest
$1,240
Property taxes
$480
Insurance
$120
Association dues
$1,038

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

LAS OLAS BY THE RIVER CON

Fort Lauderdale · Broward County · 33301

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Croissant ParkElementary
—
New RiverMiddle
—
StranahanHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of EXP Realty LLC. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.