Property profile

716 14Th Way Fort Lauderdale, FL 33311

OFF-MARKET
Apartment buildings
Property ID
US18-8255567
Built 1963
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Property summary

AI-generated overview

This exceptional investment opportunity presents a recently updated duplex located at 716 NW 14th Way, Fort Lauderdale, Florida 33311, in Broward County. Built in 1963, this single-story multifamily property is offered at $435,000. The property consists of two units, each boasting two bedrooms and one bathroom. Recent updates throughout include modern fixtures, flooring, and appliances, minimizing maintenance needs for the owner. A significant advantage is that both units are currently fully rented, generating immediate and consistent rental income from the moment of purchase. This translates to a low-maintenance, high-return investment ideal for portfolio expansion or those seeking a multi-family property with built-in rental revenue. The property's location in Fort Lauderdale offers convenient access to local amenities and transportation. This turnkey investment opportunity is ready for a new owner to enjoy the benefits of passive income and a well-maintained property. The property's single-story design further contributes to its ease of management and potential for long-term profitability. Don't miss this chance to acquire a solid, income-producing asset in a desirable Florida location.

Property profile

Verified
Property type Apartment buildings
Year built 1963
UPID US18-8255567

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

716 14Th Way Fort Lauderdale, FL 33311
Fort Lauderdale metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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