Updated 2-Unit
For Sale
$415,000
429 NW 14th Ave, Fort Lauderdale, FL 33311
Residential Income, Fort Lauderdale, FL
Property Size1,170 SF
Price / SF$354.70
Days on Market51
Property Features for 429 NW 14th Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
RS-8
Bedrooms
4
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 4
Parking
3
Subdivision
FIRST ADD TO TUSKEGEE PAR
Lot features
Flood Zone, < 1/4 Acre
Standard status
Active
APN
504204061760
Size
1,170 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
FIRST ADD TO TUSKEGEE PARK 9-65 B LOT 10 BLK 8
Tax Annual Amount
7240
Legal Description
FIRST ADD TO TUSKEGEE PARK 9-65 B LOT 10 BLK 8
Building Details
Year built
1962
Floors in Building
1
Listing Agency:
Trustpoint Realty, LLC.
(305) 200-0348
Listed By:
Joseph Suarez · License #3366522
(305) 300-2804
Added: Aug 18
Changed: Oct 4
Last Checked: Oct 7 at 10:06PM
MLS# A12073351
Copyright © 2026 Miami REALTORS®. 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.
Located at 429 NW 14th Avenue in Fort Lauderdale, this duplex contains two updated residences within a 1,170-square-foot property built in 1962. Each unit offers two bedrooms and one bathroom, creating a straightforward configuration for residential income ownership. Both residences are currently occupied.
The property is positioned in Fort Lauderdale’s 33311 submarket in Broward County. Its two-unit scale provides a compact multifamily format, while the updated interiors and existing occupancy establish the core physical and operational profile of the asset.
The property is positioned in Fort Lauderdale’s 33311 submarket in Broward County. Its two-unit scale provides a compact multifamily format, while the updated interiors and existing occupancy establish the core physical and operational profile of the asset.
Key Highlights
- Two‑unit duplex with 1,170 square feet
- Both residences are currently occupied
- Each unit includes 2 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,504
Cap Rate
4.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$390,080
$390.1K
Cap Rate 7%
$278,629
$278.6K
Cap Rate 9%
$216,711
$216.7K
Market Conditions
NOI Build-Up for 1,170 SF
Gross rent
$29.5K $25.20/SF
− Vacancy
−$1.6K −$1.39/SF
EGI
$27.9K $23.81/SF
− OpEx
−$8.4K −$7.14/SF
NOI
$19.5K $16.67/SF
Area
Fort Lauderdale, 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%
$390,080
Cap Rate 7%
$278,629
Cap Rate 9%
$216,711
Alternative Uses
Best Use
Multifamily LT 5
$278.6K
$243.8K – $325.1K
NOI $19,504 @ 7.0% cap · market cap 4.70%
Second Best
Apartment 5plus
$251.0K
$219.6K – $292.8K
NOI $17,569 @ 7.0% cap · market cap 4.23%
Theoretical Best
Office A
$786.2K
$688.0K – $917.3K
NOI $55,037 @ 7.0% cap · market cap 13.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,539
Businesses Nearby
Explore this area
Business Placement
Demographics for 33311, FL
69,413
Population
27,330
Households
2.5
Avg Household Size
37
Median Age
18%
College-Educated
81%
High-School Grad
10.4 sq mi
ZIP Area
6,674
Density / Sq Mi
$51,918
Median Household Income
$32,717
Median Earnings
$1,385
Median Rent
$276,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two occupied residences feature updated two-bedroom, one-bath layouts in Fort Lauderdale.
Where is this duplex located?
The property is located at 429 NW 14th Ave Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,170 square feet; Both residences are currently occupied; Each unit includes 2 bedrooms and 1 bathroom
