429 NW 14th Avenue
Fort Lauderdale, FL 33311
4
Bed
2
Bath
1,170Sqft
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: Other -
Heating & Cooling
Has Heating: Yes Heating: Other, SeparateMeters Has Cooling: Yes Cooling: Other
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Building Information
Year Built: 1962Building Area Total: 1134Construction Materials: OtherPrivate Pool: No
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Listing Price Information
Listing Price: $415000Cash, Conventional
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Tax Information
Parcel Number: 504204061760 Tax Year: 2025 Annual Tax: $7240 Tax Legal Desc: FIRST ADD TO TUSKEGEE PARK 9-65 B LOT 10 BLK 8
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Parking Information
Parking Total: 3
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School Information
Elementary School: North Fork Junior High School: Sunrise Senior High School: Fort Lauderdale -
Utility Information
CableNotAvailable, SewerAvailable -
Location Information
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1500 NW 5th Avenue #E-W, Fort Lauderdale, FL, 33311 | $535,000 | 2 | 2 | 1,225 | 1,225 SqFt |
| 2840 NW 13th Court #1-2, Fort Lauderdale, FL, 33311 | $549,900 | 5 | 3 | 1,818 | 1,818 SqFt |
| 1126 NW 4th Avenue #1-2, Fort Lauderdale, FL, 33311 | $605,000 | 4 | 3 | 1,350 | 1,350 SqFt |
| 2610 NW 14th Street, Fort Lauderdale, FL, 33311 | $479,000 | 4 | 2 | 1,440 | 1,440 SqFt |
| 1429 N Andrews Avenue, Fort Lauderdale, FL, 33311 | $427,000 | 2 | 2 | 1,000 | 1,000 SqFt |
| 439 NW 18th Avenue, Fort Lauderdale, FL, 33311 | $475,000 | 6 | 2 | 1,786 | 1,786 SqFt |
| 1519-1521 NW 8th Avenue, Fort Lauderdale, FL, 33311 | $690,000 | 8 | 4 | 2,504 | 2,504 SqFt |
| 842 NW 1st Avenue, Fort Lauderdale, FL, 33311 | $1,900,000 | 1 | 1 | 4,753 | 4,753 SqFt |
| 1201 N Andrews Avenue, Fort Lauderdale, FL, 33311 | $675,000 | 3 | 3 | 2,653 | 2,653 SqFt |
| 831 NW 1st Ave, Fort Lauderdale, FL, 33311 | $1,110,000 | 4 | 4 | 2,423 | 2,423 SqFt |
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ByOwner last updated this listing 08/25/2026 @ 23:17
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