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$1,490,000

  • For Sale
  • Active
  • Commercial Multi-Family
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Amazing Opportunity to Own a 6 Unit Multi-Family Complex in the Heart of Fort Lauderdale. This Property Features 6 Fully Furnished Units: 2 2Bed/1 Bath Units, 2 1Bed/1Bath Units and 2 Studios. All The Units Are Fully Equipped with Kitchens and Tons of Closet Space. Property has 10 Parking Spots and On-Site Laundry. All The Units Feature Wood and Tile Floors. Location Offers Easy Access to Port Everglades, Fort Lauderdale-Hollywood International Airport, All Major Roadways, Shopping, Dining, Public Parks and Public Transportation. Just Minutes to the White Sandy Fort Lauderdale Beaches! This property has been on Airbnb management, the yearly revenue is $160k with 86% occupancy (attached document)

Full Property Details for 505 SE 20th St #1-5

General

  • Price: $1,490,000
  • Taxes: $24,266
  • Status: Active
  • Type: Commercial Multi-Family
  • Source: Greater_Miami
  • MLS ID: A11825502
  • Updated: 3/9/2026
  • Added to Site: 286 day(s) ago

Business

  • Business Type: Residential-Multi-Family

Interior

  • Flooring: Tile, Wood

Additional Information

  • Security/Safety: Smoke Detector(s)

Parking

  • Total Spaces: 10
  • Parking Features: Assigned

Location

  • County: Broward County
  • Driving Directions: Please Use Google Maps.

Community

  • Units Assoc/Comm: 6

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Building A/C, Wall/Window Unit(s)
  • Heating Type: Central Electric, Wall/Window Units

Utilities

  • Sewer: Public Sanitation
  • Water: Public

Structural Information

  • # Buildings: 2
  • Structure Type: Free Standing
  • Detached/Attached: Detached
  • Construction: Concrete Block With Brick
  • Stories/Levels: 2
  • Building Size: 3035
  • Current Bldg. Use: Income Non-Waterfront
  • Year Built: 1958

Unit Information

  • Units in Complex: 6

Lot Features

  • Lot Size (Sq. Ft.): 6,977
  • Zoning: RO

Financial Considerations

  • Tax Amount: $24,266
  • Terms: All Cash, Conventional/Refinance

Disclosures and Reports

  • Special Conditions: Sale
  • Legal Description: CROISSANT PARK 4-28 B LOT 20, 21 W 0.75 OF N 43.15 OF S 75.9 BLK 61
  • Inclusions: Furniture/Fixtures
  • Property ID: 504215104750
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 505 SE 20th St #1-5 —

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 505 SE 20th St #1-5

School District:Broward County School District
NameGradesDistance
Croissant Park Elementary School
1800 Southwest 4th Avenue, Fort Lauderdale, FL 33315
K-50.6 mi
New River Middle School
3100 Riverland Road, Fort Lauderdale, FL 33312
6-83.1 mi
Stranahan High School
1800 Southwest 5th Place, Fort Lauderdale, FL 33312
9-122 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 505 SE 20th St #1-5 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/09/2026
Price Reduced
$1,490,000
-6.29%
MLS
10/15/2025
Price Reduced
$1,590,000
-3.05%
MLS
8/01/2025
Price Reduced
$1,640,000
-2.96%
MLS
7/08/2025
Price Reduced
$1,690,000
-5.59%
MLS
6/19/2025
Listed
$1,790,000
37.69%
MLS
6/15/2022
Sold
$1,300,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 505 SE 20th St #1-5

Year
Property Taxes
Change
Tax Assessment
Change
2024
$23,981
—
$1,309,120
12%
2024
$23,981
-1%
$1,169,520
—
2023
$24,266
79%
$1,169,520
89%
2022
$13,588
9%
$620,090
10%
2021
$12,499
—
$562,140
9%
2021
$12,499
18%
$515,330
6%
2019
$10,614
77%
$487,470
153%
2018
$5,984
7%
$192,360
-43%
2017
$5,568
7%
$336,580
17%
2016
$5,194
11%
$287,080
99%
2015
$4,671
6%
$144,540
10%
2014
$4,395
5%
$131,400
10%
2013
$4,177
—
$119,460
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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505 SE 20th St #1-5, Fort Lauderdale, FL 33316 (MLS# A11825502) is a Commercial Multi-Family property. 505 SE 20th St #1-5 is currently listed for $1,490,000 and was received on June 19, 2025. This property is listed by Attila Yildiz from our Miami Beach Lincoln Building Office.Want to learn more about 505 SE 20th St #1-5? Do you have questions about finding other Commercial Multi-Family real estate for sale in Fort Lauderdale? You can browse all Fort Lauderdale real estate or contact a Coldwell Banker agent to request more information.

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