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$1,550,000
New Listing

1017 NE 14th Ave
Fort Lauderdale, FL 33304

For Sale|Quadruplex|Active
0
Beds
0
Total Baths
1958
Built
Subdivision:
PROGRESSO
County:
Broward

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: 786-715-8190
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786-715-8190
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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.

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Listing Snapshot
Price 
$1,550,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1958
MLS Number 
A12110633
Status 
Active
Property Tax 
$19,135
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
8 hours agoListing first seen on site
8 hours agoListing updated with changes from the MLS
General Features
Levels 
One
Parking Spaces 
5
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
Style 
Fourplex
Utilities 
Cable Available
Water Source 
Public
Zoning 
RMM-25
Interior Features
Cooling 
Wall/Window Unit(s)
Flooring 
OtherVinyl
Heating 
Wall Furnace
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Exterior Features
Construction Details 
BlockStucco
Lot Features 
Other
Pool Features 
None
Roof 
Composition
Community Features
MLS Area 
3380
Financing Terms Available 
CashConventional
Listing courtesy of Grand Realty of America, Corp.

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Neighborhood & Commute
Source: Walkscore
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