1017 NE 14th Ave, Fort Lauderdale, FL 33304

About This Home

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.

Property Details

Flooring

Other, Vinyl

Heating

Window/Wall

Cooling

Wall/Window Unit(s)

Architectural Style

Other

Building & Association

Building Name

PROGRESSO

Stories

1

Stories Total

1

Association

No

Lot & Construction

Lot Features

Other Lot Description

Lot Size Square Feet

0

Waterfront

No

View

No

Construction Materials

Concrete Block Construction, Stucco

Roof

Composition Roll

New Construction

No

Public Records

Parcel Number

494234046340

Tax Annual Amount

$19,135

Tax Year

2,025

Zoning

RMM-25

County Or Parish

Broward County

Location