Renovated True Duplex with
1324 NE 14th Ave Fort Lauderdale, FL 33304
1324 NE 14th Ave, Fort Lauderdale, FL, 33304
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For Sale
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Renovated duplex with two electric meters, impact windows, new systems, solar panels, and a heated pool—fully furnished.
Property Size1,892 SF
Price / SF$554.97
Days on Market77
Property Features for 1324 NE 14th Ave
General Information
- Standard status
- Active
- Size
- 1,892 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1951
Listing agency
DCH Real Estate
Listed by
David Chavarria · License #BK3549289
Source
Crexi
Added: May 8 Updated: Jul 21 at 6:27AM Checked: Jul 21 at 6:27AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DCH Real Estate
Investment Insights
Based on property information with market context.
This renovated true duplex is configured as two separate residences with two electric meters. The front home offers 2 bedrooms and 2 bathrooms, and the private rear unit provides 1 bedroom and 1 bathroom. Improvements include impact windows, all-new electrical and plumbing systems, brand-new appliances, and modern AC units throughout. The property also features solar panels, a heated pool, and a dual-type EV charger. Sold fully professionally furnished and turnkey, with furniture included in the sale.
Located at 1324 NE 14th Ave in Fort Lauderdale, the property has been professionally managed on Airbnb for the past two years, generating approximately $100,000 annually in revenue. Bookings are secured for upcoming months, and full rental performance reports are available upon request.
Located at 1324 NE 14th Ave in Fort Lauderdale, the property has been professionally managed on Airbnb for the past two years, generating approximately $100,000 annually in revenue. Bookings are secured for upcoming months, and full rental performance reports are available upon request.
Key Highlights
- Renovated 1951 duplex with two separate electric meters for individual unit utility control
- 2 bed/2 bath main home plus a private rear 1 bed/1 bath unit
- Upgrades include impact windows and new electrical and plumbing systems
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.7k | $25.20 |
| − Vacancy | −$2.6k | −$1.39 |
| EGI | $45.1k | $23.81 |
| − OpEx | −$13.5k | −$7.14 |
| NOI | $31.5k | $16.67 |
1,892 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$450.6K
$394.2K – $525.7K
NOI $31,539 @ 7.0% cap · market cap 3.00%
Second Best
Apartment 5plus
$405.9K
$355.1K – $473.5K
NOI $28,411 @ 7.0% cap · market cap 2.71%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $89,000 @ 7.0% cap · market cap 8.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Renovated duplex with two electric meters, impact windows, new systems, solar panels, and a heated pool—fully furnished.
Where is this duplex located?
The property is located at 1324 NE 14th Ave Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Renovated 1951 duplex with two separate electric meters for individual unit utility control; 2 bed/2 bath main home plus a private rear 1 bed/1 bath unit; Upgrades include impact windows and new electrical and plumbing systems
