426 NE 14 AVE , Fort Lauderdale, FL 33311
$1,535,000
Price
$191,875
Price Per Unit
6.68%
Cap Rate
8
Number of Units
3,648
Building SF
11,865
Land SF
The property consists of eight well-appointed one-bedroom, one-bathroom apartments spread across four separate buildings, each individually fenced to provide an added level of privacy and security for residents. Every unit has been fully renovated and features a functional split layout, enhancing both comfort and livability. .
Ideally located near Flagler Village and Fort Lauderdale’s vibrant downtown area, the property benefits from close proximity to dining, entertainment, and ongoing development activity. Positioned within Northwest Fort Lauderdale, this community offers a blend of modern upgrades and a desirable location, making it an attractive option for tenants seeking both convenience and privacy
The current rental rates are below market levels, presenting a clear value-add opportunity to increase rents and significantly enhance net operating income (NOI).
Mario Francisco Frech PA
Commercial Specialist
(305) 608-5190
mfrechrealty@gmail.com
Request Information
Full Name is required
Email is required
Invalid email format
Phone is required
Invalid phone number
Role
Key decision maker for our business
Principal
Broker
I own similar space I need to lease/sell
Other
Please select a role
Location & Neighborhood
Copyright ©
CREOP
, LLC. All Rights Reserved.