$415,000
0 beds0 baths1,170 sqft|A12073351 MLS#429 NW 14th Ave, Fort Lauderdale, FL 33311
Duplex
Multifamily
Built in
1962
Lot size
N/A
Price/sqft
$355
HOA
None
Listed by: Joseph Ricardo Suarez 305-200-0348, Trustpoint Realty, LLC. 305-200-0348
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Preferred Brokerage Partner
Kinsfolk Signature Realty
What's special
429 NW 14th Avenue is a 2-unit duplex in Fort Lauderdale's 33311 submarket, offered at $415,000 ($207,500/unit). Both units are updated 2BR/1BA and currently occupied, generating combined rent of $3,300/month ($39,600 annually). Current operating expenses total $12,240/year, producing a current NOI of $27,360 and a 6.59% cap rate.The property offers strong upside potential, as current rents of $1,600 and $1,700 sit below market levels of approximately $1,800/unit. Bringing both units to market rent would increase annual gross income to $43,200, raising NOI to $30,960 and the cap rate to 7.46%, with expenses held flat. This combination of stable in-place cash flow and clear rental upside makes 429 NW 14th Avenue an attractive value-add opportunity for investors seeking a manageable two-unit asset in a strong Fort Lauderdale submarket.
Map
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Facts & features
Bedrooms & bathrooms
- •Bedrooms:0
- •Bathrooms:0
- •Full bathrooms:0
Heating
- •Has Heating:Yes
Interior area
- •Total structure area:1,170 sqft
- •Total interior livable area:1,170 sqft
Parking
- •Parking features:N/A
- •Garage spaces:0
- •Has attached garage:No
Lot
- •Size:N/A
Details
- •Parcel number:N/A
Type & style
- •Home type:Duplex
- •Property subtype:Multifamily
Materials
- • N/A
Condition
- •Year built:1962
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Price history
| Date | Event | Price |
|---|---|---|
| 2026-08-18T00:00:00.000Z | Listed for sale | $415,000$355/sqft |
Get price drop alert on this property the moment it happen
Preferred Brokerage Partner
Kinsfolk Signature Realty
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