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1321 NE 13th Ave - 1319–1321 NE 13 Ave | Luxury Duplex Townhomes 2 Unit Apartment Building Offered at $3,930,093 CAD at a 5.26% Cap Rate Fort Lauderdale, FL 33304

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INVESTMENT HIGHLIGHTS

  • Minutes to the Beach
  • Live in one, while the other pays your mortgage
  • In Place Income

EXECUTIVE SUMMARY

Live in one. Rent the other. Own a lifestyle asset in one of FTL's most desirable neighborhoods. Brand-new side-by-side duplex townhouse offers a rare opportunity to combine luxury living with meaningful rental income in Poinsettia Heights. One residence is already leased, allowing an owner-occupant to offset the majority of their housing costs while enjoying a full-scale, new-construction home next door. Designed with clean modern lines and high-end finishes throughout, each townhouse lives like a standalone single-family residence—open-concept layouts, designer kitchens, expansive living areas, and refined details that appeal to both end-users and high-quality tenants. New construction means minimal maintenance, modern systems, and long-term peace of mind. The location is a major differentiator. Minutes from Las Olas Blvd, downtown FTL, the beach, and the 13th Street Arts & Dining Corridor, this pocket continues to outperform for both lifestyle buyers and tenants. One of the strongest rental and appreciation markets in Fort Lauderdale. Whether you’re a buyer looking to live beautifully while your tenant pays your expenses, or an investor seeking a low-maintenance, high-quality long-term hold, this property delivers flexibility, income, and enduring value—an increasingly rare combination in a premier neighborhood. Ideal for owner-occupants, house-hackers, or long/short term investors seeking location, quality, and built-in income. ABNB OR Short Term Rental Potential.
Located in the rapidly evolving Poinsettia Heights neighborhood—just minutes from Las Olas Boulevard, Fort Lauderdale Beach, Flagler Village, and Downtown Fort Lauderdale—this property benefits from its proximity to some of the city’s most transformative redevelopment zones, including:The Flagler Village Arts District, with over $1B in new mixed-use developmentsThe Six13 and Motif projects bringing hundreds of new residential units and retail spaceDowntown Fort Lauderdale's Riverwalk expansion and Brightline-adjacent projectsThe upcoming redevelopment of Searstown and the Sunrise Blvd corridor, Poinsettia Heights has emerged as a prime infill submarket with increasing new construction, zoning flexibility, and strong rental demand. With continued population growth, limited inventory, and a favorable regulatory environment, this area is seeing sharp appreciation and investor interest.Ideal for:Investors seeking a duplex in an appreciating market, Short-term rental operators (Airbnb/VRBO), End-users looking to live in EAST Fort Lauderdale.

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $3,930,093 CAD
Price Per Unit $1,965,047 CAD
Sale Type Investment
Cap Rate 5.26%
No. Units 2
Property Type Multifamily
Apartment Style Townhome
Lot Size 0.17 AC
Building Size 6,822 SF
Average Occupancy 50%
No. Stories 2
Year Built 2025
Parking Ratio 1.47/1,000 SF
Zoning RM-15 - Zoned RM-15, one of Fort Lauderdale’s most desirable low-rise multifamily zoning classifications, allowing a wide range of residential uses.

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Tub/Shower

SITE AMENITIES

  • Wi-Fi
  • Private Bathroom

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+3.5 2 $13,100 CAD 3,411
Walk Score®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 38857308

  • Date on Market: 2025-12-22

  • Last Updated:

  • Address: 1321 NE 13th Ave, Fort Lauderdale, FL 33304

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