1 / 17
+12 photosLuxury condo — 520 SE 5TH Avenue 1502 · Las Olas By The River Condo · Fort Lauderdale
South Florida Luxury Living
Property Magazine
Your home in print
A magazine dedicated to 520 SE 5TH Avenue 1502, Fort Lauderdale, FL 33301
Dedicated to you and your family.
A photo-rich, always-current edition with the home’s details, neighborhood lifestyle, assigned and nearby schools, ownership planning, and applicable waterfront guidance. Sign in or create a free account and the same edition is rewritten around your household — the schools your children would attend, the boat you keep, the routes you actually drive.
Open property magazine$389,000
520 SE 5TH Avenue 1502, Fort Lauderdale, FL 33301
Fort Lauderdale, FL, 33301
2 bd · 2 ba · 1,148 sqft
Listed by United Realty Group, Inc
520 SE 5TH Avenue 1502, Fort Lauderdale, FL 33301
Listed by United Realty Group, Inc
Add this home to your tour day
Pick up to 6 homes. Simon confirms times with each listing agent, then sends you the final schedule.
0 of 6 homes in your tour
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated Monthly Payment
20% down · 6.75% interest · 30-year loan · Conforming loan
Principal, interest, taxes and insurance, HOA. Property Tax (after sale). Estimated; not a lender quote.
- Principal & interest
- $2,018/mo
- Property tax (after sale) est.
- $311/mo
- Insurance included in HOA
- $0/mo
- HOA
- $1,230/mo
Estimate only, not guaranteed. Verify before you buy or sell.
Cash to close
520 SE 5TH Avenue 1502, Fort Lauderdale, FL 33301
Estimated cash to close est.
$86,627.77
Down payment plus Florida taxes, title, lender and prepaid costs.
Partial estimate: unknown amounts are excluded. Ask Simon to verify them.
Estimate only. Your lender's Loan Estimate and the title company's closing disclosure are the final numbers. Not financial advice.
Estimate only, not guaranteed. Verify before you buy or sell.
Loan amount (calculated): $311,200.00Conforming loan
Current site planning rate. Rate does not change the taxes or fees below. Prepaid interest is not included.
Edit closing costs & prepaids
Assumes both policies cover identical land and dates, with loan coverage within owner coverage—even if the seller pays owner title. Minimum lender premium $25. Turn off if not eligible. Endorsement allowance defaults to one $25 endorsement; actual requirements and premiums vary (Florida 69O-186.005).
Appraisal starts at $650. Waterfront and luxury homes may require a higher fee; confirm with your lender.
Tax uses existing ZIP estimates (after sale); insurance uses existing site estimates. Edit with your quote. If HOA insurance is included, confirm separate unit-owner coverage. Missing HOA costs are excluded—not assumed zero.
Estimated cash to close est.
$86,627.77
- Down payment est.
- $77,800.00
- Mortgage note documentary stamps est.
- $1,089.20
- Mortgage intangible tax est.
- $622.40
- Lender’s title insurance est.
- $25.00
- Lender title endorsements est.
- $25.00
- Lender fees est.
- $1,500.00
- Appraisal est.
- $650.00
- Owner’s title insurance est.
- $2,020.00
- Title search & examination est.
- $125.00
- Municipal lien search est.
- $150.00
- Settlement / closing fee est.
- $450.00
- County recording (deed) est.
- $30.00
- County recording (mortgage) est.
- $120.00
- Inspection, wind mitigation & 4-point est.
- $900.00
- Survey est.
- $500.00
- Property tax escrow (2 months, after sale) est.
- $621.17
- Insurance escrow (2 months) est.
- $0.00
- First-year insurance premium est.
- $0.00
- HOA / condo contribution or transfer est.
- Not provided
Partial estimate: unknown amounts are excluded. Ask Simon to verify them.
Mortgage stamps: $0.35 per $100 or fraction. Intangible tax: 0.2% of loan. Title uses Florida 69O-186.003 base rates. Assumes 2 months of tax/insurance escrow for financed purchases plus first-year insurance; cash purchases have no lender escrow.
Before deposits and credits. Prepaid interest and other contract costs are not included. Discounts and title endorsements must be confirmed by the title company. Title search, municipal lien search, settlement and recording are pass-through title company charges for cash and financed buyers alike; the municipal lien search is priced by each city and can run higher (e.g. Boca Raton $150, Coral Gables $220).
Estimate only. Your lender's Loan Estimate and the title company's closing disclosure are the final numbers. Not financial advice.
Estimate only, not guaranteed. Verify before you buy or sell.
Insurance & flood
- Flood zone (FEMA)
- Zone AE Coastal FloodplainFlood insurance required
- Homeowners insurance est.
- $0 / month
Flood insurance is required with a federally backed mortgage (FHA, VA, USDA, or a conventional loan from a federally regulated lender). The monthly insurance estimate above does not include flood insurance — see "Show details" for the flood rules and the official FEMA map.
Source: FEMA National Flood Hazard Layer · Date checked: Oct 22, 2026
Insurance estimates vary widely. Get a real quote before you make an offer.
Estimate only, not guaranteed. Verify before you buy or sell.
Flood zone: AE
High-risk mapped flood area (1% annual chance of flooding).
Source: FEMA National Flood Hazard Layer · Date checked: Oct 22, 2026
- Roof type
- Mixed
- Roof year
- Not provided —
- Impact windows / doors
- Not provided —
- Shutters
- Not provided —
- Window features
- Not provided —
- Year built
- 2001
Homeowners insurance: $0 / month est.
Association insurance is included in the stated HOA fee. Confirm separate unit-owner coverage with an insurance agent.
Special Flood Hazard Area. With a federally backed mortgage (FHA, VA, USDA, or a conventional loan from a federally regulated lender), flood insurance is required.
The FEMA map is a strong indication, not the final answer: your lender orders its own flood zone determination. Cash buyers are not required to carry flood insurance, but on the water it is strongly recommended.
Florida rule: by 2027, Citizens policyholders must carry flood insurance even outside a flood zone, unless the Citizens policy excludes wind coverage. The FEMA map does not show this.
How flood insurance is priced (FEMA Risk Rating 2.0)
Flood insurance is priced home by home, so two neighbors on the same canal can pay very different amounts. Premiums depend on the home's elevation (first-floor height above the expected flood level), distance to water (ocean, Intracoastal, canal or river), the type of flood risk (storm surge, heavy rain or river overflow), the cost to rebuild, the foundation and construction type, and past flood claims on the property.
Federal flood insurance (NFIP) pays at most $250,000 for the building and $100,000 for contents. A luxury waterfront home needs private flood insurance or an "excess flood" policy on top.
Before an offer: pull the official FEMA flood map (FIRMette), ask the seller for an elevation certificate (it largely decides the price), ask whether the seller's existing NFIP policy can be transferred to you (sometimes at a lower rate), and have an insurance agent check prior flood claims (CLUE report). New NFIP policies usually have a 30-day wait before they take effect — don't leave it until the week of closing.
Insurance estimates vary widely. Get a real quote before you make an offer.
Estimate only, not guaranteed. Verify before you buy or sell.
About This Property
Find similar homesBeautiful 2/2 bedroom condo available in downtown Fort Lauderdale, located on the south side of the New River and just steps away from Las Olas Riverwalk. The condo is very new, and in pristine condition. Perfect investor opportunity! Brand new roof! All rooms are fully furnished. Furniture is negotiable. Enjoy the convenience of being in the heart of downtown, and close to all that Las Olas Blvd has to offer. The building offers an array of amenities, including a pool, hot tub, BBQ area, cabanas, gym, yoga room, business center, and clubhouse room. Plus, one garage spot is included! Don't miss the opportunity to live in this fantastic location with all the comforts of a luxury building. Small dogs allowed.
Building health
- Building
- 1· MLS
- Year built
- 2001· MLS
- Stories
- 7· MLS
- Units
- Not provided —
- Milestone inspection
- Not provided —
- Milestone date
- Not provided —
- SIRS
- Not provided —
- SIRS date
- Not provided —
- Special assessments
- Not provided —
- Assessment amount
- Not provided —
- Assessment purpose
- Not provided —
- Assessment due date
- Not provided —
- Reserves
- Not provided —
- Minimum lease term
- Not provided —
- Rentals per year
- Not provided —
- Pet rules
- Yes, Size Limit· MLS
- Age restriction (55+)
- Not provided —
- HOA fee
- $1,229.59 / month · billed Monthly· MLS
Last updated Not provided, source: MLS remarks —
Always review the association's milestone inspection report, SIRS, budget and the last 24 months of board minutes before you buy.
Property Details
Dogs
Welcome per listing rules
Your costs (est.)
≈ $3,559/mo
520 SE 5TH Avenue 1502, Fort Lauderdale, FL 33301 · Fort Lauderdale
Location
520 SE 5TH Avenue 1502, Fort Lauderdale, FL 33301
What buyers ask about this home
What are the estimated monthly carrying costs at 520 SE 5TH Avenue 1502, Fort Lauderdale, FL 33301?+
Property tax (after sale): $311/month est.; homeowners insurance: $0/month est.; HOA: $1,230/month. Fixed ownership costs before a mortgage: $1,540/month est. Principal and interest: $2,018/month; PMI: $0/month. Total for the payment scenario shown: $3,559/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 520 SE 5TH Avenue 1502, Fort Lauderdale, FL 33301?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 520 SE 5TH Avenue 1502, Fort Lauderdale, FL 33301 need flood insurance, and what drives the premium?+
Most of Fort Lauderdale sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should I check about the association before buying 520 SE 5TH Avenue 1502, Fort Lauderdale, FL 33301?+
For a Florida condo, review the milestone structural inspection and the Structural Integrity Reserve Study, current reserve balances, any pending or recently voted special assessment, the association's insurance and its litigation history. Ask how many units are owner-occupied and whether the lender will approve the building — a poorly funded association is the single biggest hidden cost in a condo purchase.
Can 520 SE 5TH Avenue 1502, Fort Lauderdale, FL 33301 be rented out?+
Rental rules are set by the association's documents, not the MLS. Many Fort Lauderdale luxury buildings limit leases to once or twice a year with a minimum term and require board approval and an application fee. Request the declaration and rules before your inspection period ends if rental income matters to your plan.
Is there room to negotiate on 520 SE 5TH Avenue 1502, Fort Lauderdale, FL 33301?+
This listing has been on the market 0 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Fort Lauderdale. Venice of America — 165+ miles of navigable waterways, Las Olas dining, and easy I-95 / Brightline access.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Croissant Park Elementary School
Elementary · 1.3 mi from this home · 1800 Sw 4Th Ave, Fort Lauderdale
New River Middle School
Middle school · 3.5 mi from this home · 3100 Riverland Rd, Fort Lauderdale
Zone boundaries published by Broward County Public Schools.
Other options for this address
ST. Thomas Aquinas High School
High school · Private · Catholic · Grades 9–12 · Fort Lauderdale
Edith Robinson Christian Academy
High school · Private · Christian · Grades 9–12 · Fort Lauderdale
Murl Windsor Academy At Hollywood
Pre-K & Kindergarten · Private · Grades PK–12 · Fort Lauderdale
Permission To Succeed Education Center
Pre-K & Kindergarten · Private · Grades PK–12 · Port ST. Lucie
Permission To Succeed Education Center
Pre-K & Kindergarten · Private · Grades K–12 · Port ST. Lucie
The International Family Academy
Pre-K & Kindergarten · Private · Grades K–12 · Fort Lauderdale
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
Closed sales in the last 12 months, newest first — condos only. Tap a home for its photos and sale facts.
Loading nearby sales…
The home, in a magazine
A closer look at this home and its lifestyle — dedicated to you and your family.
Open the magazine
Simon Gedz
Realtor® since 1995
Interested in this property?
$389,000 · MLS B26097238
$389,000
520 SE 5TH Avenue 1502
347 N New River Drive E 2307, Fort Lauderdale, FL 33301
Listed by Uncommon Properties
Water Garden Condominium
1 bd · 1 ba · 820 sq ft
$419,000
View details
110 N FEDERAL Highway 505, Fort Lauderdale, FL 33301
Listed by Lokation
WAVERLY AT LAS OLAS CONDO
2 bd · 2 ba · 1,350 sq ft
$459,000
View details
533 NE 3rd Avenue 204, Fort Lauderdale, FL 33301
Listed by Madison Allied LLC
SOLE AT FORT LAUDERDALE CONDO
2 bd · 2 ba · 1,240 sq ft
$347,900
View details
533 NE 3rd Avenue 320, Fort Lauderdale, FL 33301
Listed by Realnet Florida Real Estate
SOLE AT FORT LAUDERDALE C
1 bd · 1 ba · 841 sq ft
$279,000
View details
610 W Las Olas Boulevard 1819N, Fort Lauderdale, FL 33312
Listed by United Realty Group, Inc
SYMPHONY NORTH CONDO
2 bd · 2 ba · 1,180 sq ft
$625,000
View details
1350 RIVER REACH Drive 414, Fort Lauderdale, FL 33315
Listed by LoKation
RIVER REACH CONDOMINIUM VI
1 bd · 2 ba · 900 sq ft
$259,000
View details