1017 NE 14th Ave, Fort Lauderdale, FL 33304
See all 74 photos
1017 NE 14th Ave, Fort Lauderdale, FL 33304
1017 NE 14th Ave, Fort Lauderdale, FL 33304
1017 NE 14th Ave, Fort Lauderdale, FL 33304
1017 NE 14th Ave, Fort Lauderdale, FL 33304
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Marlon Persaud

Marlon Persaud

+1(407) 760-9778
$ 1,490,000
Est. payment /mo
Save Virtual Tour
Price Dropped by $60K

1017 NE 14th Ave Fort Lauderdale, FL 33304

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Progresso

MLS Listing ID A12110633

Style Fourplex

HOA Y/N No

Year Built 1958

Annual Tax Amount $19,135

Tax Year 2025

Property Sub-Type Quadruplex

Property 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.

Location

State FL

County Broward

Community Progresso

Area 3380

Zoning RMM-25

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Other, Vinyl

Exterior

Exterior Feature Storm/Security Shutters

Pool None

Utilities Available Cable Available

Roof Type Composition

Total Parking Spaces 5

Private Pool No

Building

Lot Description Flood Zone, Other

Story 1

Sewer Public Sewer

Water Public

Architectural Style Fourplex

Level or Stories One

Structure Type Block,Stucco

Others

Tax ID 494234046340

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12110633

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Grand Realty of America, Corp.

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Marlon Persaud

Marlon Persaud

Agent License ID: SL3362985

+1(407) 760-9778

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from The Persaud Group | Real Broker, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

1017 NE 14th Ave