Basic Information

  • MLS # A12110633
  • Type Quadruplex
  • Status Active
  • Subdivision/Complex Progresso
  • Year Built 1958
  • Date Listed 10/21/2026
  • Days on Market 0
Description

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.

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block, Stucco
  • Parking Description
  • Exterior Features Storm Security Shutters
  • Roof Description Composition
  • Style Quadruplex

Interior Features

  • Adjusted Sqft N/ASq.Ft
  • Cooling Description Wall Window Units
  • Floor Description Other, Vinyl
  • Heating Description Wall Furnace
  • Sqft N/ASq.Ft

Property Features

  • Address 1017 NE 14th Ave
  • Architectural Style Fourplex
  • City Fort Lauderdale
  • Construction Materials Block, Stucco
  • County Broward
  • Furnished Info no
  • Levels One
  • Listing Terms Cash, Conventional
  • Lot Features Flood Zone, Other
  • Occupant Type Call Agent
  • Pool Features None
  • Possession Negotiable
  • Postal City Fort Lauderdale
  • Public Survey Section One
  • Roof Composition
  • Sewer Description Public Sewer
  • Stories 1
  • Subdivision Complex
  • Subdivision Info Progresso
  • Tax Amount $19,135
  • Tax Legal desc PROGRESSO 2-18 D LOT 15,16 BLK 173
  • Tax Year 2025
  • Terms Considered Cash, Conventional
  • Type of Property Quadruplex
  • Water Source Public
  • Year Built Details Resale

1017 NE 14th Ave

Fort Lauderdale, FL 33304

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    The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Grand Realty of America, Corp.. tel: 305-931-7878

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