1123 NE 14th Ave - Apartments FOR SALE


Fort Lauderdale, FL 33304- Lake Ridge
$1,850,000 USD
718-593-9631
1123 NE 14th Ave, Fort Lauderdale, FL for Sale
$1,850,000 USD
Apartments - FOR SALE
1/39
null | Request Cap Rate

1123 NE 14th Ave
Fort Lauderdale, FL 33304
Lake Ridge


HIGHLIGHTS

  • operated as a successful short-term rental property
  • Fully furnished units — turnkey opportunity
  • Ideal for investor or owner-operator
  • Strong seasonal tourism and boating demand drivers
  • Convenient access to Federal Highway, Downtown Fort Lauderdale, and Fort Lauderdale-Hollywood International Airport
  • Potential value-add through professional management and revenue optimization

OVERVIEW

Weare pleased to present the opportunity to acquire 1123 -1125A NE 14th Avenue,# 1-3, a rare, turnkey multifamily investment located in one of Fort Lauderdale’s most sought-after residential corridors. Securely enclosed within a private, fenced setting, the property features a highly desirable configuration of two separate structures: a duplex with two adjacent units and an independent standalone unit, providing operational flexibility and multiple income strategies. The asset is well suited for short-term rentals, executive and corporate housing, or specialized demand segments such as traveling professionals, allowing ownership to diversify revenue streams while maximizing occupancy and yield. The flexible layout supports both stabilized income and more aggressive revenue optimization strategies. Located in a high-demand rental market with strong and consistent demand drivers, 1123 NE 14th Avenue offers a compelling combination of privacy, adaptability, and immediate income potential. This is an attractive opportunity for investors seeking a high-performing multifamily asset with built-in versatility and long-term upside in a prime Fort Lauderdale location.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$637 USD /SF

# OF UNITS

3

PRICE/UNIT

$616,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,115 SF

ZONING

RM-15

APN/PARCEL ID

49-42-34-04-2950

ASK ABOUT THIS PROPERTY

Paulina Kucharska, CCIMPK & Co Inc.More Info
718-593-9631

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Paulina Kucharska, CCIMPK & Co Inc.More Info
718-593-9631

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.