Log In/Sign Up
Your email has been sent.
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



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.
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 | Lot Size | 0.17 AC |
| Price Per Unit | $1,965,047 CAD | Building Size | 6,822 SF |
| Sale Type | Investment | Average Occupancy | 50% |
| Cap Rate | 5.26% | No. Stories | 2 |
| No. Units | 2 | Year Built | 2025 |
| Property Type | Multifamily | Parking Ratio | 1.47/1,000 SF |
| Apartment Style | Townhome | ||
| 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. | ||
| 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 |
1 1
Walk Score®
Very Walkable (79)
1 of 45
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
1321 NE 13th Ave - 1319–1321 NE 13 Ave | Luxury Duplex Townhomes
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
