429 NW 14th AVE, Fort Lauderdale, FL 33311
429 NW 14th AVE, Fort Lauderdale, FL 33311
429 NW 14th AVE, Fort Lauderdale, FL 33311
429 NW 14th AVE, Fort Lauderdale, FL 33311
429 NW 14th AVE, Fort Lauderdale, FL 33311
429 NW 14th AVE, Fort Lauderdale, FL 33311
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Joe Desane

Joe Desane

+1(561) 827-3659
$ 415,000
Est. payment | /mo

1,170 SqFt

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$ 415,000
Est. payment | /mo
Save Virtual Tour

1,170 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,170 sqft

Price per Sqft $354

Subdivision First Add To Tuskegee Par

MLS Listing ID A12073351

HOA Y/N No

Total Fin. Sqft 1170

Year Built 1962

Annual Tax Amount $7,240

Tax Year 2025

Property Sub-Type Duplex

Property Description

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.

Location

State FL

County Broward

Area 3460

Zoning RS-8

Interior

Interior Features InteriorFeatures

Heating Other, Separate Meters

Cooling Other

Flooring Other

Fireplace No

Exterior

Utilities Available Cable Not Available, Sewer Available

Roof Type Other

Total Parking Spaces 3

Private Pool No

Building

Dwelling Type Duplex

Story 1

Structure Type Other

Schools

Elementary Schools North Fork

Middle Schools Sunrise

High Schools Fort Lauderdale

Others

Tax ID 504204061760

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12073351

BeachesMLS, Inc. (FLR) IDX
Listed by Joseph Ricardo Suarez Trustpoint Realty, LLC.

NEARBY SCHOOLS & PROPERTIES

Joe Desane

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(561) 827-3659

joe@stayfl.co

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429 NW 14th AVE