429 NW 14th Ave, Fort Lauderdale, FL
Listing courtesy of Trustpoint Realty, LLC. (Joseph Suarez). Contact: [email protected].
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.
Property facts
- Sqft
- 1,134
- Year Built
- 1962
- Location
- Fort Lauderdale, FL 33311
- County
- Broward County
- FEMA flood zone
- Zone AE, special flood hazard area
- Base flood elevation
- 6 ft (NAVD88)
- Ground elevation
- 4.9 ft
- Hurricane evacuation zone
- Not in a designated evacuation zone
- Distance to the coast
- 0.9 mi
Sources: FEMA National Flood Hazard Layer (panel 12011C0368J, effective 2024-07-31), USGS 3DEP, Florida Division of Emergency Management, OpenStreetMap coastline. Checked 2026-10-06. Public map data looked up at this location, not a survey or an insurance quote. Confirm with an elevation certificate, the county and your insurer.
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Interested in this property?
Contact Anthony Conners at Atlantic Commercial Advisors to schedule a showing or learn more.
Listing data courtesy of Miami REALTORS® / Southeast Florida MLS. This site is operated by Anthony Conners, Atlantic Commercial Advisors, KW Commercial. Atlantic Commercial Advisors is not the listing broker unless stated.
Listing data last updated Aug 18, 2026, 4:21 PM ET.
Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS.
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