429 NW 14th Ave, Fort Lauderdale, FL 33311

Fort Lauderdale
Local realty services provided by:First Service Realty ERA Powered
429 NW 14th Ave,Fort Lauderdale, FL 33311
$415,000
  • - Beds
  • - Baths
  • 1,170 sq. ft.
  • Multi-family
  • Active
Listed by: joseph suarez, nicholas arias
Office: trustpoint realty, llc.305-200-0348
MLS#:A12073351
Source:SEFMLS

Price summary

  • Price:$415,000
  • Price per sq. ft.:$365.96

About this home

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.

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Home facts

  • Year built:1962
  • Subdivision & Development:FIRST ADD TO TUSKEGEE PAR
  • Listing ID #:A12073351
  • Updated:August 18, 2026 at 05:54 PM

Rooms and interior

  • Living area:1,170 sq. ft.

Structure and exterior

  • Year built:1962
  • Building area:1,170 sq. ft.
  • Levels:1 Story

Finances and disclosures

  • Price:$415,000
  • Price per sq. ft.:$365.96
  • Tax amount:$7,240 (2025)

Parking

  • Total parking spaces:3
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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