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1017 NE 14th Ave, Fort Lauderdale FL 33304

Multi-family For Sale
$1,550,000

BTC: 18.53623535

ETH: 637.33552632

New
0 room(s)

Overview

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.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1958
Lot:
No Data
Heating:
Window/Wall
Price/sqft:
No Data
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,550,000
$960K – $3.3M
Confidence Low
List vs. estimate
At estimate
List $1,550,000 · +0.0%
List is in line with recent comparable activity.
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$19,135
2025
Parking
5 spaces
All facts and features
  • Flooring

    • Other

    • Vinyl

    Heating

    • Window/Wall

    Cooling

    • Wall/Window Unit(s)

  • Other Property Information

    • Parcel Number: 494234046340

    • Zoning: RMM-25

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $19,135

  • Source details

    • MLS ID: A12110633

    Other facts

    • Construction Materials: Concrete Block Construction / Stucco

    • Lot Features: Other Lot Description

    • Window Features: Complete Panel Shutters/Awnings

    • Architectural Style: Other

    • Water Source: Municipal Water

    • Subdivision Name: PROGRESSO

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Grand Realty of America, Corp.