ActiveDuplex
429 NW 14th Ave, Fort Lauderdale FL 33311
Fort Lauderdale, FL 33311 · MLS #A12073351The residence
About this property
429 NW 14th Avenue is a 2-unit duplex in Fort Lauderdale's 33311 submarket, offered at $415,000 ($207,500/unit). Both units are updated 2BR/1BA and currently occupied, generating combined rent of $3,300/month ($39,600 annually). Current operating expenses total $12,240/year, producing a current NOI of $27,360 and a 6.59% cap rate. The property offers strong upside potential, as current rents of $1,600 and $1,700 sit below market levels of approximately $1,800/unit. Bringing both units to market rent would increase annual gross income to $43,200, raising NOI to $30,960 and the cap rate to 7.46%, with expenses held flat. This combination of stable in-place cash flow and clear rental upside makes 429 NW 14th Avenue an attractive value-add opportunity for investors seeking a manageable two-unit asset in a strong Fort Lauderdale submarket.
At a glance
Property details
- Property type
- Duplex
- Listing type
- For sale
- Status
- Active
- Living area
- 1,170 sq. ft.
- Year built
- 1962
- Lot size
- 0 sq. ft.
- Subdivision
- FIRST ADD TO TUSKEGEE PAR
- County
- Broward County
- Days on market
- 0
- Original list price
- $415,000
- Listing date
- August 18, 2026
- Annual property tax
- $7,240 (2025)
- Listing agent
- Joseph Suarez
- Listing office
- Trustpoint Realty, LLC.
- MLS number
- A12073351
Neighborhood & location
Explore FIRST ADD TO TUSKEGEE PAR
Review nearby homes, local services, commute routes, schools, flood information, and community rules as part of your due diligence. Neighborhood information can change and should be verified with the appropriate local authority.
Schools
School information
- School district
- Broward County Public Schools
Plan your purchase
Mortgage calculator
- Principal & interest
- $2,098
- Property taxes
- $603
- Homeowners insurance
- $208
- Estimated total
- $2,909
Estimate only. Taxes, insurance, association fees, PMI, interest rate, and lender terms vary. Confirm the actual payment and closing costs with a licensed mortgage professional. Review Florida mortgage and pre-approval guidance.
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Listing courtesy of Trustpoint Realty, LLC., 305-200-0348.
Data provided by MIAMI Association of REALTORS®. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified. Property availability, price, and details are subject to change without notice.