Updated Two-Unit
For Sale
$849,000
838 SW 14th Street, Fort Lauderdale, FL 33315
Two residential units offer renovated kitchens, private outdoor space, and in-unit laundry facilities.
Property Size2,252 SF
Lot Size0.19 Acres
Days on Market51
Property Features for 838 SW 14th Street
General Information
Standard status
Active
Size
2,252 SF
Lot size
0.19 Acres
Property subtype
Duplex
Occupancy
100%
Financials
Gross Income
$66,600
Average Monthly Rent
$2,775
Site & Location
Neighborhood
Cpca
Highway Access
Yes
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$13,309
Amenities
in-unit laundry
private backyard
updated kitchens
granite countertops
full-size dishwasher
Building Details
Building Size
2,252 SF
Year Built
1967
Listing Agency:
Better Homes & Gdns RE Fla 1st
Listed By:
Kelly Ann Huguet · License #3329238
(954) 547-6508
Source:
Tylertuchow
Added: Sep 9
Changed: Oct 26
Last Checked: Oct 28 at 3:39PM
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 Better Homes & Gdns RE Fla 1st
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Investment Insights
Based on property information with market context.
Built in 1967, this duplex contains two residential units, each with 3 bedrooms and 2 bathrooms. Interior features include updated kitchens with granite countertops and full-size dishwashers, along with dedicated in-unit laundry areas. Both residences open to a large private backyard suitable for outdoor use and pets. The property sits on an 8,430-square-foot lot and has a roof installed in 2021.
The address is less than half a mile from Broward Health Medical Center and I-95, with Downtown Fort Lauderdale, Fort Lauderdale-Hollywood International Airport, and the beach also within the distances stated. The airport is an 8-minute drive, while the beach is 2.5 miles away.
The address is less than half a mile from Broward Health Medical Center and I-95, with Downtown Fort Lauderdale, Fort Lauderdale-Hollywood International Airport, and the beach also within the distances stated. The airport is an 8-minute drive, while the beach is 2.5 miles away.
Key Highlights
- Duplex with two 3‑bedroom, 2‑bathroom units
- 8,430‑square‑foot lot with a large private backyard
- Roof installed in 2021
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,540
Cap Rate
4.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$750,800
$750.8K
Cap Rate 7%
$536,286
$536.3K
Cap Rate 9%
$417,111
$417.1K
Market Conditions
NOI Build-Up for 2,252 SF
Gross rent
$56.8K $25.20/SF
− Vacancy
−$3.1K −$1.39/SF
EGI
$53.6K $23.81/SF
− OpEx
−$16.1K −$7.14/SF
NOI
$37.5K $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%
$750,800
Cap Rate 7%
$536,286
Cap Rate 9%
$417,111
Alternative Uses
Best Use
Multifamily LT 5
$536.3K
$469.3K – $625.7K
NOI $37,540 @ 7.0% cap · market cap 4.42%
Second Best
Apartment 5plus
$483.1K
$422.7K – $563.6K
NOI $33,817 @ 7.0% cap · market cap 3.98%
Theoretical Best
Office A
$1.51M
$1.32M – $1.77M
NOI $105,934 @ 7.0% cap · market cap 12.48%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,099
Businesses Nearby
Explore this area
Business Placement
Demographics for 33315, FL
13,555
Population
6,991
Households
1.9
Avg Household Size
43
Median Age
35%
College-Educated
94%
High-School Grad
5.3 sq mi
ZIP Area
2,558
Density / Sq Mi
$90,760
Median Household Income
$43,815
Median Earnings
$1,789
Median Rent
$492,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer renovated kitchens, private outdoor space, and in-unit laundry facilities.
Where is this duplex located?
The property is located at 838 SW 14th Street Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Duplex with two 3‑bedroom, 2‑bathroom units; 8,430‑square‑foot lot with a large private backyard; Roof installed in 2021
