426 Nw 14th Ave Unit #1-8, Fort Lauderdale, FL 33311

$1,395,000

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List Price
$1,395,000
MLS#
A12093124
Status
ACTIVE
Type
Commercial

Property Description

PRESENTING AN EFFICIENT 8-UNIT MULTIFAMILY ASSET OFFERING DURABLE IN-PLACE CASH-FLOW + MEANINGFUL UPSIDE NEAR DOWNTOWN FORT LAUDERDALE…. This consistently 100%-occupied income property comprises eight market-rate 1-BR/1-BA residences arranged across four duplex-style buildings—an in-demand configuration offering greater privacy via fewer shared walls, and more predictable ongoing capital requirements. The units have been partially improved, with in-unit washers and dryers installed in half, and a clear opportunity to round out improvements to support continued organic rental growth as the area evolves. In addition to convenient on-site parking, thoughtful features—including individually gated yards for every tenant—create a distinctive living experience within Fort Lauderdale’s traditional rental inventory. Positioned in Historic Dorsey-Riverbend near the Sistrunk Corridor, Flagler Village, Brightline, and Downtown Fort Lauderdale, the property offers connectivity to employment, transportation, entertainment, and continued surrounding investment. Priced-to-sell, this is an ideal opportunity to acquire a manageable, durable cash-flowing asset with consistent occupancy, market-rate income, and a straightforward path to additional value.

Additional Information

Days on Market
0
Tax Amount
$24,734
Parcel Number
504204061660
Lot Size
11,865
Address
426 Nw 14th Ave Unit #1-8, Fort Lauderdale
Year Built
1960
Section
4

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Listing Courtesy of The Alpha Commercial Advisors LLC, Contact: