429 NW 14th Ave For Sale
Property Details
| Asking Price | $415,000 |
|---|---|
| Price per SqFt | $355 |
| Property Taxes | $7,240 2025 |
| Interior Space | 1,170 SqFt |
| Beds/Baths | —/— |
| Year Built | 1962 |
| MLS # | A12073351 |
Location
From the listing
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.
Listed by Trustpoint Realty, LLC.
What It Costs to Own
Monthly, before a mortgage and insurance
Taxes $7,240 for 2025. MLS figures, which may not be accurate.
Sales History for This Home · 429 NW 14th Ave
Sales history is unavailable for this property
Listed by Trustpoint Realty, LLC.. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Fort Lauderdale and throughout South Florida.
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429 NW 14th Ave, Fort Lauderdale · MLS A12073351 · $415,000
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.