429 NW 14th Avenue, Fort Lauderdale, FL 33311 (MLS# A12073351)

429 NW 14th Avenue, Fort Lauderdale, FL 33311

$415,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12073351

Property Type: Residential Income Square Footage: 1,134 Status: Active

Current Price: $415,000 List Date: 8/18/2026 Last Modified: 8/18/2026

Overview

Description

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.

Listing Details MLS# A12073351

General Property Information

Number Of Units Total: 2
Property Sub Type: Duplex
Building Area Main: 1134
Living Area Main: 1170
Adjusted Area Main: 1134
Year Built: 1962
Parking Total: 3
Stories Total: Yes
Pool Private YN: No

Property Features

Documents Available: Copy Of Lease(s); Rent Rolls Flooring: Other Structure Type: Duplex Construction Materials: Other Cooling: Other Heating: Separate Meters; Other Listing Terms: Cash; Conventional Possession: Negotiable Roof: Other Tax Information: Other Exemption Utilities: Cable Not Available; Sewer Available Showing Requirements: Call Listing Agent Unit 1 Parking Features: Other Unit 2 Parking Features: Other

Contract Information

Comp Sale YN: No
Original List Price: 415000

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 429
Street Direction Prefix: NW
Street Name: 14th
Street Suffix: Avenue
City Name: Fort Lauderdale
State Or Province: FL
Postal Code: 33311
Postal Code +4: 7947
Postal Zip: 33311
Subdivision Name: FIRST ADD TO TUSKEGEE PAR
Area: 3460
Geographic Area: FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Elementary School: North Fork
Middle Or Junior School: Sunrise
High School: Fort Lauderdale
Parcel Number: 504204061760
Subdivision Number: 6
Zoning: RS-8
Flood Zone: AE

Financial Information

Tax Annual Amount: 7240
Tax Year: 2025
Tax Legal Description: FIRST ADD TO TUSKEGEE PARK 9-65 B LOT 10 BLK 8

Status Change Information

Major Change Timestamp: 2026-08-18T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-08-18

More Information

Income and Expenses

Gross Income: 3300

Unit 1 Details

Actual Rent: 1600
Baths Full: Yes
Efficiency YN: No

Unit 1 Lease Description

Currently Leased YN: Yes

Unit 2 Details

Actual Rent: 1700
Baths Full: Yes
Efficiency YN: No

Unit 2 Lease Description

Currently Leased YN: Yes

Price Calculations

Current Price To SqFt: 354.7

Section Details

Parcel Number MLX: 1760

Originating Details

Originating System Key: 554297808
Originating System ID: M00000151

Listing Office: Trustpoint Realty, LLC.

Last Updated: August - 18 - 2026

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