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426 NW 14th Ave 8 Unit Apartment Building $2,102,505 CAD ($262,813 CAD/Unit) 6.68% Cap Rate Fort Lauderdale, FL 33311
Executive Summary
The property consists of eight well-appointed one-bedroom, one-bathroom apartments spread across four separate buildings, each individually fenced to provide an added level of privacy and security for residents. Every unit has been fully renovated and features a functional split layout, enhancing both comfort and livability.
Ideally located near Flagler Village and Fort Lauderdale’s vibrant downtown area, the property benefits from proximity to dining, entertainment, and ongoing development activity. Positioned in Northwest Fort Lauderdale, this community offers modern upgrades and a desirable location, making it an attractive option for tenants seeking both convenience and privacy. Seller financing is available to qualified buyers; call the listing agent for details.
****The Property Has been Priced to Sell.******
Ideally located near Flagler Village and Fort Lauderdale’s vibrant downtown area, the property benefits from proximity to dining, entertainment, and ongoing development activity. Positioned in Northwest Fort Lauderdale, this community offers modern upgrades and a desirable location, making it an attractive option for tenants seeking both convenience and privacy. Seller financing is available to qualified buyers; call the listing agent for details.
****The Property Has been Priced to Sell.******
Property Facts
| Price | $2,102,505 CAD | Building Class | B |
| Price Per Unit | $262,813 CAD | Lot Size | 0.27 AC |
| Sale Type | Investment | Building Size | 3,648 SF |
| Cap Rate | 6.68% | No. Stories | 1 |
| No. Units | 8 | Year Built/Renovated | 1960/2020 |
| Property Type | Multifamily | Parking Ratio | 2.19/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | RS-8 - Residential Single-Family 8 | ||
| Price | $2,102,505 CAD |
| Price Per Unit | $262,813 CAD |
| Sale Type | Investment |
| Cap Rate | 6.68% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.27 AC |
| Building Size | 3,648 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1960/2020 |
| Parking Ratio | 2.19/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RS-8 - Residential Single-Family 8 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 50-42-04-06-1660 | Improvements Assessment | $1,260,024 CAD |
| Land Assessment | $243,781 CAD | Total Assessment | $1,503,805 CAD |
Property Taxes
Parcel Number
50-42-04-06-1660
Land Assessment
$243,781 CAD
Improvements Assessment
$1,260,024 CAD
Total Assessment
$1,503,805 CAD
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426 NW 14th Ave
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