Four-Unit Quadplex with
New
For Sale
$1,180,000
2225 NE 14th Avenue, Wilton Manors, FL 33305
Residential Income, Wilton Manors, FL
Property Size2,775 SF
Price / SF$425.23
Days on Market3
Property Features for 2225 NE 14th Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
RM-16
Bedrooms
5
Full bathrooms
4
Rooms
Bedroom 1, Bedroom 5, Bathroom 1, Bedroom 3, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 4, Bedroom 2
Window features
Storm Window(s)
Patio and Porch features
Patio
Pets allowed
Cats OK, Yes, Dogs OK, Number Limit
Pool private
1
Exterior features
Lighting
Subdivision
Edgewater Estates 1st Add
Lot features
Corner Lot
Elementary school
Bennett
Middle school
Sunrise
High school
Fort Lauderdale
Directions
From NE 26 Street turn South on NE 15 Ave, go 2 blocks to NE 23 Street and turn West - building 1 block down on the corner of NE 14 Ave
Standard status
Active
APN
494226300260
Size
2,775 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
EDGEWATER ESTATES 1ST ADD 45-2 B LOT 24
Tax Annual Amount
19648
Legal Description
EDGEWATER ESTATES 1ST ADD 45-2 B LOT 24
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public
Amenities
community pool
private pool
screened front porch
Building Details
Year built
1964
Floors in Building
1
Number of units
4
Flooring type
Vinyl, Tile
Building materials
CBS
Roof type
Composition, Shingle
Listing Agency:
Balistreri Real Estate Inc
(954) 489-3100
Listed By:
Adrienne M Foland · License #3063306
(954) 205-6594
Added: Oct 4
Changed: Oct 5
Last Checked: Oct 6 at 9:06PM
MLS# B26084310
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 2,775-square-foot quadplex contains four residences, each with a screened front porch. Three units share a pool, while the fourth has a private pool. The property includes seven parking spaces, and each residence has its own electric meter. A separate fifth electric meter serves the heated pool; the building has one water meter. RM-16 zoning applies.
Located in East Wilton Manors, the property is near Colohatchee Dog Park and Stork's Cafe. The roof was replaced in 2020, and impact windows and doors were installed in 2021. The pool configuration dates to 2014.
Located in East Wilton Manors, the property is near Colohatchee Dog Park and Stork's Cafe. The roof was replaced in 2020, and impact windows and doors were installed in 2021. The pool configuration dates to 2014.
Key Highlights
- Four residences in a 2,775‑square‑foot quadplex
- Three units share a pool; unit 4 has a private pool
- Seven parking spaces; each unit has its own electric meter
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,259
Cap Rate
3.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$925,180
$925.2K
Cap Rate 7%
$660,843
$660.8K
Cap Rate 9%
$513,989
$514.0K
Market Conditions
NOI Build-Up for 2,775 SF
Gross rent
$69.9K $25.20/SF
− Vacancy
−$3.8K −$1.39/SF
EGI
$66.1K $23.81/SF
− OpEx
−$19.8K −$7.14/SF
NOI
$46.3K $16.67/SF
Area
Broward County, FL
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$925,180
Cap Rate 7%
$660,843
Cap Rate 9%
$513,989
Alternative Uses
Best Use
Multifamily LT 5
$660.8K
$578.2K – $771.0K
NOI $46,259 @ 7.0% cap · market cap 3.92%
Second Best
Apartment 5plus
$609.7K
$533.5K – $711.3K
NOI $42,678 @ 7.0% cap · market cap 3.62%
Theoretical Best
Office A
$1.41M
$1.23M – $1.64M
NOI $98,551 @ 7.0% cap · market cap 8.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,988
Businesses Nearby
Explore this area
Business Placement
Demographics for 33305, FL
12,044
Population
8,285
Households
1.5
Avg Household Size
52
Median Age
54%
College-Educated
96%
High-School Grad
2.2 sq mi
ZIP Area
5,475
Density / Sq Mi
$89,944
Median Household Income
$60,924
Median Earnings
$1,850
Median Rent
$558,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - RM-16 zoning and screened entry porches are features of this four-residence property.
Where is this quadplex located?
The property is located at 2225 NE 14th Avenue Wilton Manors, FL.
What is the asking price?
The asking price for this property is $1,180,000.
What are key features of this property?
This property features: Four residences in a 2,775‑square‑foot quadplex; Three units share a pool; unit 4 has a private pool; Seven parking spaces; each unit has its own electric meter
