429 NW 14th Ave Fort Lauderdale, FL $ 415,000
429 NW 14th Ave
$ 415,000
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429 NW 14th Ave

Fort Lauderdale, FL, 33311
$ 415,000
Bedrooms2 Baths1.0 Sq 1,170

Monthly Estimate*

$ 2,620

429 NW 14th Ave, Fort Lauderdale, FL 33311 - Image 1
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429 NW 14th Ave, Fort Lauderdale, FL 33311 - Image 9
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Multi-Family Home for sale in Fort Lauderdale, FL

for $415,000 with 2 bedrooms and 1 full bath. This 1,170 square foot home was built in 1962.

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.

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Multi-Family Active

Price

$ 415,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 7,240

Style

Year Built

1962

Town/City

Fort Lauderdale

County/Region

Broward

MLS | Web ID

A12073351

Features
General
Sewer Other
Heating Other
Cooling Other
Utilities Cable Not Available
Possession Negotiable
Roof Other
Pool Features None
Construction Materials Other
Year Built 1962
Stories Count 1
Levels One
Property Subtype Duplex
Tax Year 2025
County Broward
Property Type Residential Income
Subdivision Name FIRST ADD TO TUSKEGEE PAR
Rent Includes None
Full Baths 1
Status Active
City Fort Lauderdale
Zoning Description RS-8
Number Of Units Total 1
MLS Area 3090
Lot Size Units Square Feet
Listing Terms Cash Conventional
Year Built Details Effective Year Built
Tax Annual Amount 7240
MLS Area Minor Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12073351
Standard Status Active
Occupancy Type Call Agent
Property Sub Type Additional Duplex
Legal Description FIRST ADD TO TUSKEGEE PARK 9-65 B LOT 10 BLK 8
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Interior
Flooring Other
Half Baths 0
Total Bedrooms 2
Total Baths 0
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Exterior
Lot Features < 1/4 Acre
Total Parking 3
Building Area Total 1134
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Trustpoint Realty, Llc.

Broker

info@trustpointrealty.com

Email

Affordability Calculator

$3,224
Per Month
81%
19%
0%
Monthly Principal & Interest
$2,620
Monthly Property Taxes
$603
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
8/18/2026 $415,000 Listed Price

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429 NW 14th Ave, Fort Lauderdale, FL, 33311 is a Multi-Family Home for sale at $415,000 with 1,170 sqft. 429 NW 14th Ave has 2 bedrooms, 1.0 baths, and was built in 1962. The property's zip code is 33311 which is in Fort Lauderdale, FL