FOR SALE

Buy 429 14th Ave with USDC

Broward, First Add To Tuskegee Par, Fort Lauderdale, FL

$415,000 (~415,000 USDC). RealOpen converts your crypto and wires cash to closing.

Asking
$415,000
BTC
5.366
ETH
163.77
Home Size
1,170 sq. ft.
Year Built
1962
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.

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LOADING

Location

Market Area
Broward
Neighborhood
FIRST ADD TO TUSKEGEE PAR

Agents

Joseph Suarez

+1 310 910 1722

Nicholas Arias

+1 310 910 1722

Contact Email

[email protected]