
$415,000
429 NW 14TH AVE, FORT LAUDERDALE, FL 33311
This home against Dorsey-Riverbend
Dorsey-Riverbend today: 23 homes for sale, median list price $459,900.
About this home
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.
Near this home
Distances from the center of Dorsey-Riverbend, FORT LAUDERDALE. Schools are nearest by distance, not an attendance zone.
Listing courtesy of Trustpoint Realty, LLC.. MLS# A12073351.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed August 16, 2026.
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