If you’re looking to invest in a condo near Las Olas in Fort Lauderdale without breaking the bank, you’re in luck. The area offers a mix of high-rise luxury, waterfront views, and prime rental potential—all within a reasonable budget. Whether you’re planning to rent it out or hold onto it for long-term appreciation, here are some of the best investment-friendly condos currently on the market under $400K.

1. Watergarden Condominiums

📍 347 N New River Drive E
💰 $399,998 | 1 Bed | 1 Bath | 820 Sq. Ft.

This luxury high-rise is in one of the most desirable locations, just steps from Las Olas Boulevard. The building offers resort-style amenities, and with direct access to the New River, tenants can enjoy stunning waterfront views. A prime pick for investors looking for a well-maintained, high-demand rental property.

2. NuRiver Landing

📍 511 SE 5th Ave
💰 $399,000 | 1 Bed | 1 Bath | 800 Sq. Ft.

NuRiver Landing is another solid investment with its unbeatable location right on the river and just a short walk to Las Olas. This building is packed with amenities, including a rooftop pool, fitness center, and valet service, making it a great choice for long-term appreciation and rental income potential.

3. Las Olas by the River

📍 520 SE 5th Ave
💰 $399,000 | 2 Beds | 2 Baths | 1,136 Sq. Ft.

If you’re looking for a larger unit with strong rental appeal, this two-bedroom condo is a fantastic find. The building offers great amenities and is in the heart of downtown Fort Lauderdale, where demand for rentals is consistently high.

4. Essex Tower

📍 340 Sunset Dr
💰 $385,000 | 2 Beds | 2 Baths | 1,218 Sq. Ft.

Recently updated with a new lobby, gym, and library, Essex Tower is a great investment for those who want a spacious unit in a well-maintained building. The location is just a few blocks from Las Olas, making it ideal for attracting tenants who want to be close to the action but still enjoy a quiet residential setting.

5. Riverview Garden

📍 1000 SE 4th St
💰 $300,000 | 1 Bed | 1 Bath | 620 Sq. Ft.

For those looking for a budget-friendly option, this boutique condo on the New River is a hidden gem. Its waterfront location and proximity to downtown make it a solid investment, whether you plan to rent it out or keep it as a personal getaway.

Why Invest in Las Olas?

Las Olas Boulevard is the heart of Fort Lauderdale’s dining, nightlife, and shopping scene. The area continues to grow, making it a prime spot for real estate investment. With strong rental demand and properties appreciating over time, these condos offer a great opportunity for both short- and long-term investors. Contact Shelby Newman for more details on the condos mentioned.

Thinking about making a move? Let’s chat! I’d love to help you find the perfect investment property in Fort Lauderdale.

Best Las Olas Condos for Investors Under $400K