Renovated One-Bedroom
426 Northwest 14th Avenue Fort Lauderdale, FL 33311
For Sale
Contact for pricing
Four individually fenced buildings contain eight fully renovated one-bedroom, one-bath units with functional split layouts.
Property Size3,648 SF
Price / SF$420.78
Days on Market91
Property Features for 426 Northwest 14th Avenue
General Information
- Standard status
- Active
- Size
- 3,648 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1964
Listing Agency:
Silverleaf Realty Group
Listed By:
Mario Francisco Frech P.A · License #3356151
Source:
Crexi
Added: Apr 24
Changed: Jul 22
Last Checked: Jul 23 at 9:05AM
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 Silverleaf Realty Group
Investment Insights
Based on property information with market context.
The property features eight well-appointed one-bedroom, one-bathroom apartments distributed across four separate buildings. Each building is individually fenced to add an extra layer of privacy and security for residents. All units have been fully renovated and include functional split layouts designed to improve day-to-day comfort and livability.
The community is located in Northwest Fort Lauderdale, near Flagler Village and Fort Lauderdale’s downtown area. This positioning places dining, entertainment, and ongoing development activity within close proximity.
Seller financing is available to qualified buyers; contact the listing agent for details.
The community is located in Northwest Fort Lauderdale, near Flagler Village and Fort Lauderdale’s downtown area. This positioning places dining, entertainment, and ongoing development activity within close proximity.
Seller financing is available to qualified buyers; contact the listing agent for details.
Key Highlights
- 1964‑built property with eight fully renovated 1‑bedroom, 1‑bath units across 4 separate buildings
- Each unit has a functional split layout
- Four buildings are individually fenced, offering added resident privacy and security
Financial Insights For Apartment 5plus
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 | $105.1k | $28.80 |
| − Vacancy | −$5.5k | −$1.50 |
| EGI | $99.6k | $27.30 |
| − OpEx | −$44.8k | −$12.29 |
| NOI | $54.8k | $15.02 |
3,648 SF · lease $28.80/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$782.6K
$684.8K – $913.0K
NOI $54,780 @ 7.0% cap · market cap 3.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.45M
$2.15M – $2.86M
NOI $171,602 @ 7.0% cap · market cap 11.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Four individually fenced buildings contain eight fully renovated one-bedroom, one-bath units with functional split layouts.
Where is this apartment building located?
The property is located at 426 Northwest 14th Avenue Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,535,000.
What are key features of this property?
This property features: 1964‑built property with eight fully renovated 1‑bedroom, 1‑bath units across 4 separate buildings; Each unit has a functional split layout; Four buildings are individually fenced, offering added resident privacy and security
