Fourplex with Private and Community
2225 NE 14th Avenue Fort Lauderdale, FL 33305
2225 NE 14th Avenue, Fort Lauderdale, FL, 33305
$1,200,000
For Sale
$1,200,000
MULTI_FAMILY - Fort Lauderdale, FL
Property Size2,775 SF
Price / SF$432.43
Days on Market179
Property Features for 2225 NE 14th Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM-16
- Bedrooms
- 5
- Rooms
- Bathroom 2, Bedroom 5, Bathroom 4, Bathroom 3, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 2
- Window features
- Storm Window(s)
- Patio and Porch features
- Patio
- Pool private
- 1
- Exterior features
- Lighting
- Standard status
- Active
- APN
- 494226300260
- Size
- 2,775 SF
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- EDGEWATER ESTATES 1ST ADD 45-2 B LOT 24
- Tax Annual Amount
- 25623
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1964
- Floors in Building
- 1
- Number of units
- 4
- Flooring type
- Vinyl, Tile
- Building materials
- CBS
- Roof type
- Shingle, Composition
Listing Agency
Balistreri Real Estate Inc
(954) 489-3100
4090 N Ocean Blvd., Pompano Beach, FL
Listed by
Adrienne M Foland · License #3063306
(954) 205-6594
Added: Jan 19 Checked: Jul 17 at 3:06 am
MLS# F10545962
Listing URL
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This fourplex is configured with three units sharing a community pool, while unit #4 includes its own private pool. Each unit has a screened front porch, and the building has been updated with a new roof in 2020 and impact windows and doors added in 2021. The pool improvements include a double pool system added in 2014. Parking is available with seven spots, and the electric setup is individual per unit with each unit having its own electric meter. The building also has one water meter and a fifth electric meter dedicated to the heated pool.
The property is zoned RM-16 and located in East Wilton Manors. Public remarks note proximity to Colohatchee dog park and Stork’s cafe.
Units are currently furnished, making the property potentially workable for annual renters or vacation guests. Recent interior updates include new luxury vinyl flooring in unit #4 (Bedroom) and all-new luxury vinyl flooring in unit #1. Operationally, public remarks estimate water/trash/sewer at approximately $780 per month, and note the owner provides pool servicing. The heated pool’s FP&L cost associated with the fifth meter is approximately $170 per month.
The property is zoned RM-16 and located in East Wilton Manors. Public remarks note proximity to Colohatchee dog park and Stork’s cafe.
Units are currently furnished, making the property potentially workable for annual renters or vacation guests. Recent interior updates include new luxury vinyl flooring in unit #4 (Bedroom) and all-new luxury vinyl flooring in unit #1. Operationally, public remarks estimate water/trash/sewer at approximately $780 per month, and note the owner provides pool servicing. The heated pool’s FP&L cost associated with the fifth meter is approximately $170 per month.
Key Highlights
- Unique 4‑plex with a community pool for 3 units and a private pool for unit #4
- Screened front porch for each unit
- Roof replaced in 2020; impact windows and doors installed in 2021
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 | $69.9k | $25.20 |
| − Vacancy | −$3.8k | −$1.39 |
| EGI | $66.1k | $23.81 |
| − OpEx | −$19.8k | −$7.14 |
| NOI | $46.3k | $16.67 |
2,775 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$660.8K
$578.2K – $771.0K
NOI $46,259 @ 7.0% cap · market cap 3.85%
Second Best
Apartment 5plus
$595.3K
$520.9K – $694.5K
NOI $41,670 @ 7.0% cap · market cap 3.47%
Theoretical Best
Office A
$1.86M
$1.63M – $2.18M
NOI $130,536 @ 7.0% cap · market cap 10.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Island City Flats
Apartment Building
Wilton Flats
Vacation Rental
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four-unit income property featuring screened porches, updated roof and impact windows, plus shared and private pool options.
Where is this quadplex located?
The property is located at 2225 NE 14th Avenue Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Unique 4‑plex with a community pool for 3 units and a private pool for unit #4; Screened front porch for each unit; Roof replaced in 2020; impact windows and doors installed in 2021
