1017 NE 14th Ave Fort Lauderdale, FL 33304

Other MLS #: A12081704 Courtesy Of Grand Realty of America

Property InformationDescription

EXCEPTIONAL TURNKEY MULTIFAMILY INVESTMENT OPPORTUNITY IN THE HEART OF FORT LAUDERDALE! This fully renovated and fully furnished 5-unit property offers immediate income from day one and is currently generating an approximate 7% annual return based on current operations. The unit mix includes three 1-bedroom/1-bath units, one 2-bedroom/1-bath unit, and one studio. Four units are currently operated as short-term rentals, while one 1-bedroom unit is leased long-term at $1,800/month, providing a diversified rental strategy. All five units were renovated within the past three years and are offered fully furnished and equipped, making this a true turnkey investment. The property also features 5 parking spaces, a common laundry area, outdoor patio and BBQ area, tropical landscaping, smart locks, and CCTV surveillance. Ideally located approximately 3.5 miles from Fort Lauderdale Beach and just 2.3 miles from I-95, with convenient access to Downtown Fort Lauderdale, Las Olas, shopping, dining, entertainment, and major transportation routes. Additional upside potential exists through optimized short-term rental management and further enhancement of the outdoor amenities, including the potential addition of a swimming pool. A rare opportunity to acquire a renovated, furnished, income-producing multifamily property in one of South Florida's most desirable and active rental markets. Please contact the listing agent to schedule a private showing. Minimum 24-hour advance notice required.
MORTGAGE CALCULATOR

Features

  • Age: Over 50 Years Old
  • Amenities: Security System
  • Building Units: 5
  • Cooling System: Window Unit(s)
  • Cooling System: Wall/Window Unit(s)
  • Exterior Type: Block
  • Exterior Type: Stucco
  • Floor Covering: Vinyl
  • Floors: 1
  • Heating System: Wall Furnace
  • Legal Description: PROGRESSO 2-18 D LOT 15,16 BLK 173
  • MLSID: A12081704
  • Parking Spaces: 5
  • Roof Type: Composition

MAP & DIRECTIONS

Get Directions
1017 NE 14th Ave, Fort Lauderdale, FL 33304
View Directions
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. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.