511 SE 5th Ave Unit# 1116, Fort Lauderdale, FL 33301, Fort Lauderdale, Florida, United States. - Hero Image
511
SE 5th Ave Unit# 1116
Fort Lauderdale | Florida

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Cheila Gonzalez
Cheila Gonzalez
Presented At
$769,000
Bedrooms
3
Bathrooms
2
Living
1,692
SQFT
Laundry Room
High Ceiling
Washer Dryer
Bar
Stone Countertops
Walk In Closet
Jacuzzi
Air Conditioning
Fitness Center / Gym
Game Room
Sauna
Garage
Garden
Balcony
Basketball Court
Pool
Water View
511 SE 5th Ave Unit# 1116, Fort Lauderdale, FL 33301, Fort Lauderdale, Florida, United States. - Photo 1
511 SE 5th Ave Unit# 1116, Fort Lauderdale, FL 33301, Fort Lauderdale, Florida, United States. - Photo 2
511 SE 5th Ave Unit# 1116, Fort Lauderdale, FL 33301, Fort Lauderdale, Florida, United States. - Photo 3
511 SE 5th Ave Unit# 1116, Fort Lauderdale, FL 33301, Fort Lauderdale, Florida, United States. - Photo 4
511 SE 5th Ave Unit# 1116, Fort Lauderdale, FL 33301, Fort Lauderdale, Florida, United States. - Photo 5
511 SE 5th Ave Unit# 1116, Fort Lauderdale, FL 33301, Fort Lauderdale, Florida, United States. - Photo 6
511 SE 5th Ave Unit# 1116, Fort Lauderdale, FL 33301, Fort Lauderdale, Florida, United States. - Photo 7
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511 SE 5th Ave Unit# 1116, Fort Lauderdale, FL 33301, Fort Lauderdale, Florida, United States. - Photo 9
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511 SE 5th Ave Unit# 1116, Fort Lauderdale, FL 33301, Fort Lauderdale, Florida, United States. - Photo 11
511 SE 5th Ave Unit# 1116, Fort Lauderdale, FL 33301, Fort Lauderdale, Florida, United States. - Photo 12
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511 SE 5th Ave Unit# 1116, Fort Lauderdale, FL 33301, Fort Lauderdale, Florida, United States. - Photo 16
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511 SE 5th Ave Unit# 1116, Fort Lauderdale, FL 33301, Fort Lauderdale, Florida, United States. - Photo 21
511 SE 5th Ave Unit# 1116, Fort Lauderdale, FL 33301, Fort Lauderdale, Florida, United States. - Photo 22
511 SE 5th Ave Unit# 1116, Fort Lauderdale, FL 33301, Fort Lauderdale, Florida, United States. - Photo 23
511 SE 5th Ave Unit# 1116, Fort Lauderdale, FL 33301, Fort Lauderdale, Florida, United States. - Photo 24
511 SE 5th Ave Unit# 1116, Fort Lauderdale, FL 33301, Fort Lauderdale, Florida, United States. - Photo 25
511 SE 5th Ave Unit# 1116, Fort Lauderdale, FL 33301, Fort Lauderdale, Florida, United States. - Photo 26
511 SE 5th Ave Unit# 1116, Fort Lauderdale, FL 33301, Fort Lauderdale, Florida, United States. - Photo 27
511 SE 5th Ave Unit# 1116, Fort Lauderdale, FL 33301, Fort Lauderdale, Florida, United States. - Photo 28
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511 SE 5th Ave Unit# 1116, Fort Lauderdale, FL 33301, Fort Lauderdale, Florida, United States. - Photo 31
511 SE 5th Ave Unit# 1116, Fort Lauderdale, FL 33301, Fort Lauderdale, Florida, United States. - Photo 32
511 SE 5th Ave Unit# 1116, Fort Lauderdale, FL 33301, Fort Lauderdale, Florida, United States. - Photo 33
511 SE 5th Ave Unit# 1116, Fort Lauderdale, FL 33301, Fort Lauderdale, Florida, United States. - Photo 34
511 SE 5th Ave Unit# 1116, Fort Lauderdale, FL 33301, Fort Lauderdale, Florida, United States. - Photo 35
511 SE 5th Ave Unit# 1116, Fort Lauderdale, FL 33301, Fort Lauderdale, Florida, United States. - Photo 36
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511 SE 5th Ave Unit# 1116, Fort Lauderdale, FL 33301, Fort Lauderdale, Florida, United States. - Photo 40
511 SE 5th Ave Unit# 1116, Fort Lauderdale, FL 33301, Fort Lauderdale, Florida, United States. - Photo 41
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511 SE 5th Ave Unit# 1116, Fort Lauderdale, FL 33301, Fort Lauderdale, Florida, United States. - Photo 45
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511 SE 5th Ave Unit# 1116, Fort Lauderdale, FL 33301, Fort Lauderdale, Florida, United States. , Fort Lauderdale , Florida 33301

511 Se 5th Ave,Fort Lauderdale, Fl, 33301

Welcome to this stunning 11th-floor CORNER UNIT in the heart of Las Olas! This rarely available 3-bed, 2-bath.
The bath floor plan boasts wood floors and a completely remodeled kitchen with KitchenAid Artisan appliances. Enjoy the convenience and comfort of motorized blackout shades in the bedrooms, a new water heater, a newer AC unit, and updated washer and dryer. Nu River Landing is a sought-after building with resort-style amenities, including a gym with spin and yoga studios, pool, basketball court, meditation garden, sauna, jacuzzi, business center, and more. EXCELLENT LOCATION! Situated steps away from shops, world-class dining, art galleries, nightlife, and just 10 minutes from the beach and airport. Don’t miss out on this exceptional opportunity!

Exterior

Property

Gallery

3D Street View Tour

Map showing 511 SE 5th Ave Unit# 1116, Fort Lauderdale, FL 33301, Fort Lauderdale, Florida, United States.

Property Location

511 SE 5th Ave Unit# 1116, Fort Lauderdale, FL 33301, Fort Lauderdale, Florida, United States., Fort Lauderdale Florida

Local Weather & Climate

Fort Lauderdale, Florida

Current Conditions Updated recently
83 °F
Few clouds
Feels Like 88°F
Humidity 67%
Wind 16 mph
Visibility 6.2 mi
Sunrise 11:34 AM
Sunset 11:27 PM
5-Day Forecast
Wed 11 Mar
Clouds
High 83°
Low 83°
Thu 12 Mar
Clouds
High 84°
Low 76°
Fri 13 Mar
Rain
High 84°
Low 76°
Sat 14 Mar
Rain
High 81°
Low 75°
Sun 15 Mar
Rain
High 81°
Low 77°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Fort Lauderdale?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

$
%
$100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621
Potential Tax Benefits (United States)
$0 Est. First Year Interest Deduction
$0 Est. Annual Tax Savings
*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
  • Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
  • Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Market Opinion

Ultra Luxury 87.9× median

Our perspective on current market conditions in Fort Lauderdale. For informational purposes only — always consult a licensed real estate professional before making decisions.

Neutral Market
Balanced conditions. Negotiate wisely.
53
Buyer Score
Prices are up 36.2% year-over-year
Homes are taking 96 days to sell - more time to negotiate
Homes selling 6.2% below asking price on average

Local Market Price Trends

Median home sale prices in Fort Lauderdale, Florida — ZIP code 33301 over the last 24 months. This shows how property values in this neighborhood have changed over time, helping you understand whether the market is appreciating, stable, or cooling.

This property is listed at $76,900,000
Area median: $875,000
+36.2% year-over-year (well above the 3.5% historical avg)

Market Competition

96 days
Days on Market
Above typical
93.8%
Sale-to-List Ratio
Below asking

Future Value & Wealth Building

Starting investment: $769,000 20% down ($153,800)

9.5 years
Double Your Investment
Based on current market trends, your property value could double
$1,064,326
10-Year Equity
Your potential equity after 10 years of payments and appreciation
+$438,744
Appreciation Beats Rent
Potential gain vs 10 years of renting a similar home
$4,093
Monthly Investment
Estimated monthly mortgage payment (principal & interest)
$6,826,161
30-Year Wealth Potential
Total equity after full mortgage payoff with market appreciation
6.9x
Leverage Power
Your $153,800 down payment could grow to $1,064,326 in equity (10 yrs)
Investment Perspective
$ $ $ $
$1 → $2.07
Every dollar invested today could become $2.07 in 10 years
$100 → 207 $1,000 → $2,071
+$159
$159/day
Your home may appreciate while you sleep
$1,116/week $4,838/mo $58,056/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$635K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 145% advantage over stocks
RENT 💸 -$423K
vs
OWN 📈 +$1.1M
$1.1M Potential Equity
vs $423K lost to rent over 10 years
$154K Down Payment Growth
6.9x
10yr
$1.1M
19.1x
20yr
$2.9M
44.4x
30yr
$6.8M
Wealth Comparison
×16
Equivalent to 16 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $6.8M
Time to Double Your Investment (accounting for market cycles)
16.9
years
Conservative
4.2% effective/yr
8.5
years
Optimistic
8.54% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $1.2M +51%
Market $1.6M +107%
Optimistic $1.7M +127%
$1.1M est. equity
20 Years
Conservative $1.8M +128%
Market $3.3M +329%
Optimistic $4.0M +415%
$2.9M est. equity
30 Years
Conservative $2.6M +243%
Market $6.8M +788%
Optimistic $9.0M +1,069%
$6.8M est. equity

Historical Market Context

How current appreciation compares to long-term averages

National Long-Term Average
4.27 %
1967 – 2024
57 years of U.S. home price data
Recent Decade Average
6.5 %
2014 – 2024
Post-recovery bull market
Above Historical
Current 8.5% appreciation exceeds the national historical average (4.3%). Market-based projections reflect current conditions that may moderate over time.

Projections account for historical market cycles (~12% corrections every 6 years). Effective annual growth after corrections: 7.5%. Market scenario reflects current 8.5% YoY trend from Redfin (Apr 2026). These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from U.S. Census Bureau, World Bank, Zillow, and Redfin | Market data updated Apr 2026

Neighborhood Demographics

ZIP 33301 • 2022 ACS Data

17,069 Population
Median Age: 41.0
$115,161 Median Income
High
$701,800 Median Home Value
Rent: $2,252
61.0% College Graduates
Very High

Housing

Homeowners 28.3%
Renters 46.6%
Vacancy Rate 25.1%

Employment

1.7% Unemployment
28.1% Work From Home

Education Attainment (Age 25+)

High School+ 95.5%
Bachelor's+ 61.0%
Graduate+ 24.9%
Data from U.S. Census Bureau American Community Survey 2022

Frequently Asked Questions

Common questions about this property

This apartment at 511 SE 5th Ave Unit# 1116, Fort Lauderdale, FL 33301, Fort Lauderdale, Florida, United States features 3 bedrooms with 1,692 square feet of living space.
This property offers 1,692 square feet of living space.
This property is listed at $76,900,000, which equals $45449 per square foot.
In Fort Lauderdale, home prices have increased 36.2% over the past year, homes typically sell within 96 days, it's currently a unknown. These market conditions can affect pricing strategies and negotiation opportunities.
Based on current market indicators, Fort Lauderdale shows an active market. The market opportunity score is 53 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a apartment located in Fort Lauderdale, Florida. The property is situated in an established neighborhood with convenient access to local amenities and services.
Cheila Gonzalez

Cheila Gonzalez

ONE Sotheby's International Realty

License #3303612

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Chad Bishop

Chad Bishop

ONE Sotheby's International Realty

License #94101

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