1017 NE 14th Avenue
Fort Lauderdale, FL 33304
$1,550,000
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.
| List Price: | $1,550,000 |
|---|---|
| Property Type: | Residential Income |
| Status: | Active |
| Tax Annual Amount: | $19,135 |
| Waterfront?: | No |
| Subdivision: | Progresso |
| Year Built: | 1958 |
| Basement Yn: | No |
| Construction Materials: | Block, Stucco |
| Cooling: | WallWindowUnits |
| Elementary School: | Bennett |
| Heating: | WallFurnace |
| High School: | Fort Lauderdale |
| Listing Contract Date: | 2026-10-21 |
| Lot Features: | Other |
| Lot Size Dimensions: | 6740 SQFT |
| Middle Or Junior School: | Sunrise |
| MLS Area Major: | 3380 |
| Mobile Dim Units: | Feet |
| Number Of Units In Community: | 4 |
| Original List Price: | $1,550,000 |
| Parcel Number: | 494234046340 |
| Parking Total: | 5 |
| Possession: | Negotiable |
| Postal City: | Fort Lauderdale |
| Property Condition: | Resale |
| Sewer: | PublicSewer |
| Stories Total: | 1 |
| Tax Year: | 2025 |
| Current Price: | $1,550,000.00 |
| Country Subdivision: | 12011 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:12011:494234046340 |
| Listing Id: | A12110633 |
|---|---|
| Property Sub Type: | Quadruplex |
| City: | Fort Lauderdale |
| County Or Parish: | Broward |
| Postal Code: | 33304 |
| Number Of Units Total: | 4 |
| Cooling?: | Yes |
| Flooring: | Other, Vinyl |
| Gross Income: | $2,322 |
| Heating?: | Yes |
| Listing Agreement: | ExclusiveRightToSell |
| Listing Terms: | Cash, Conventional |
| MLS Area Minor: | Ftne - Ft Lauderdale Ne (3240-3270;3350-3380;3440-3450;3700) |
| Postal Code Plus4: | 2225 |
| State Or Province: | FL |
| Utilities: | CableAvailable |
| Water Source: | Public |
| Zoning: | RMM-25 |
| Property Sub Type Additional: | Quadruplex |
| List Office National Association Id: | 0 |
| Record Signature: | -2,008,178,847 |
Listing Courtesy of: Grand Realty of America, Corp.
Listing Agent: Karina Hazan
305-299-1761
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 BeachesMLS, Inc. All rights reserved.
BeachesMLS data last updated on October 22, 2026 02:58 AM - ET
Property Last Updated: October 22, 2026 02:58 AM - ET
