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426 NW 14th Ave 8 Unit Apartment Building For Sale Fort Lauderdale, FL 33311

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INVESTMENT HIGHLIGHTS

Ideally situated just outside of Downtown, easy access to Riverwalk and nearby beaches, as well as many dining and entertainment options
In close proximity to top economic drivers, making it highly attractive to South Florida multifamily investors

Convenient access to Fort Lauderdale Beach, Las Olas Boulevard, Port Everglades, and Fort Lauderdale-Hollywood International Airport

EXECUTIVE SUMMARY

14th Avenue Villas presents an exceptional eight-unit multifamily investment opportunity in Fort Lauderdale, Florida. Recent significant renovations and stabilization efforts have been made since the current owners acquired the property. Improvements include bathroom renovations, the installation of mini split air conditioning units, and in-unit laundry facilities in each villa. The property comprises four duplex-style units, providing greater privacy and a more homelike feel compared to traditional Class C apartments in the area. Units 4 and 5 boast private backyards with approximately 1,500 square feet of artificial grass, enhancing tenant experience.
For information on the asset visit https://bracketre.com/listing/14bc52fe-7019-42a2-8c18-3399b07909ec

PROPERTY FACTS

Sale Type	Investment	Lot Size	0.27 AC
Sale Condition	1031 Exchange	Building Size	3,648 SF
No. Units	8	No. Stories	1
Property Type	Multifamily	Year Built/Renovated	1960/2020
Property Subtype	Apartment Multifamily Manufactured Housing Mobile Home Park	Parking Ratio	2.19/1,000 SF
Apartment Style	Low-Rise	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	B
Zoning	RS-8 - Residential Single-Family 8

Sale Type	Investment
Sale Condition	1031 Exchange
No. Units	8
Property Type	Multifamily
Property Subtype	Apartment Multifamily Manufactured Housing Mobile Home Park
Apartment Style	Low-Rise
Building Class	B
Lot Size	0.27 AC
Building Size	3,648 SF
No. Stories	1
Year Built/Renovated	1960/2020
Parking Ratio	2.19/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	RS-8 - Residential Single-Family 8