Fort Lauderdale 8-Unit Multifamily
426 Northwest 14th Avenue, Fort Lauderdale, FL 33311Sale Type
Traditional Listing
List Price
$1,550,000
- Property Type
- Multifamily
- Year Built
- 1960
- Square Feet
- 3,648
Sale Type
Traditional Listing
List Price
$1,550,000
- Property Type
- Multifamily
- Year Built
- 1960
- Square Feet
- 3,648
Overview
Facts
426 NW 14th Avenue is an eight-unit multifamily property located in Fort Lauderdale’s rapidly evolving Dorsey Riverbend submarket, just minutes from Downtown, Flagler Village, Las Olas, and key employment centers. The asset comprises four single-story duplexes totaling ±3,648 SF on a 0.27-acre lot, with a 2020 renovation program featuring upgraded kitchens and baths, mini-split A/C systems, impact-rated windows, in-unit laundry, and private fenced yards—reducing near-term capital risk for investors.
The property delivers stable in-place income with additional upside through rent growth in a submarket experiencing significant public and private reinvestment. Located within a federally designated Opportunity Zone (OZ), the asset offers meaningful tax-advantaged investment potential, including capital gains deferral and long-term QOF strategy benefits for qualified investors.
Opportunity Zone Advisory services available to discuss QOF formation, tax strategy, and how OZ incentives may enhance long-term returns for this asset.
- Eight renovated one-bedroom units across four single-story duplexes
- Located within a federally designated Opportunity Zone (OZ) — offering substantial tax advantages
- Positioned 1.3 miles from Downtown Fort Lauderdale and minutes to Las Olas Blvd, Riverwalk, and Flagler Village
- Strong access to I-95, Fort Lauderdale Beach, Port Everglades, and FLL International Airport
- 2020 renovation program: upgraded kitchens/baths, mini-split A/C systems, impact windows, in-unit laundry
- Private fenced yards for each unit + surface parking (8 spaces)
- Stable in-place income with additional upside through rent growth and local redevelopment momentum
- Walkable location (Walk Score 72) with good transit connectivity (Transit Score 50)
- High-demand workforce housing corridor with low vacancy and strong fundamentals
- Opportunity Zone Advisory services available — QOF setup, compliance, and tax planning support
- Asset Type
- Garden Style · Multifamily
- Year Built
- 1960
- Building Class
- B
- Building Size
- 3,648 SF
- Lot Size
- .27 Acres
- Zoning
- RS-8 & Opportunity Zone
- Parcel
- 504204061660