426 NW 14th Avenue Unit 1-8, Fort Lauderdale, FL 33311

$1,325,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,325,000
Status
ACTIVE
Days on Market
4
Price Change
▼ $70,000 1790054125
MLS#
A12093124
Subtype
Commercial Sale
Year Built
1960
Acres
0.27
Neighborhood
FTSL - Tamarac/Snrs/Lderhl (3650-3670;3730-3750;3820-3850)
MLS Area Major
3460

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

Taxes
$24,734
Zoning
RS-8

Listing courtesy of The Alpha Commercial Advisors LLC. Contact:

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks


All listings featuring the RAPB + GFLR logo are provided by the Realtors® of the Palm Beaches and Greater Fort Lauderdale, Inc. and BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2019 Realtors® of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc.


Agent: Jamie Maniscalco | Email: jamie@thealphacomm.com