USAFLFort LauderdaleProgresso 2-18 D1017 Ne 14Th Ave

1017 Ne 14Th Ave, Fort Lauderdale, FL

Name: 1017 Ne 14Th Ave, For Sale in Fort Lauderdale - Zoocasa
Brand: Grand Realty of America, Corp.
SKU: A12110633
Price: 1550000 USD

House

For Sale

Listed price in listed location currency (USD).

$1,550,000

005

MLS® A12110633

Overview

Key Facts

Type Quadruplex

Levels Residential Income

Size -

Garage

Taxes $19,135

Days Active 5

Lot Size 0 SF

Approx. Age 1958

MLS® Number A12110633

Property Address: 1017 Ne 14th Ave, Fort Lauderdale, FL, 33304-2225

Average square foot calculated using Size range provided by listing agent.

Description

EXCEPTIONAL TURNKEY MULTIFAMILY INVESTMENT OPPORTUNITY IN THE HEART OF FORT LAUDERDALE! This fully renovated and fully furnished 5-unit property offers immediate income from day one and is currently generating an approximate 7% annual return based on current operations. The unit mix includes three 1-bedroom/1-bath units, one 2-bedroom/1-bath unit, and one studio. Four units are currently operated as short-term rentals, while one 1-bedroom unit is leased long-term at $1, 800/month, providing a diversified rental strategy. All five units were renovated within the past three years and are offered fully furnished and equipped, making this a true turnkey investment. The property also features 5 parking spaces, a common laundry area, outdoor patio and BBQ area, tropical landscaping, smart locks, and CCTV surveillance. Ideally located approximately 3.5 miles from Fort Lauderdale Beach and just 2.3 miles from I-95, with convenient access to Downtown Fort Lauderdale, Las Olas, shopping, dining, entertainment, and major transportation routes. Additional upside potential exists through optimized short-term rental management and further enhancement of the outdoor amenities, including the potential addition of a swimming pool. A rare opportunity to acquire a renovated, furnished, income-producing multifamily property in one of South Florida's most desirable and active rental markets. Please contact the listing agent to schedule a private showing. Minimum 24-hour advance notice required.

MLS® NumberA12110633

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1958

Basement

Driveway

Garage Spaces

HeatWindow/Wall

A/CWall/Window Unit(s)

Extras

Map

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