414 Southeast 14th Street

Fort Lauderdale, FL 33316

$4,750,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

27 Unit Apartment Complex consisting of six adjacent parcels on 1.4 acres of land in the downtown area of southeast Fort Lauderdale. The property fronts on 3 streets and sale includes 400-414 SE 14 St and 401-417 SE 14 Court. Las Olas Blvd, the beach, airport, port, and Broward Medical Center are all in close proximity. Good upside potential as annual rentals, or consider vacation rentals for significant revenue boost. Expansive land area offers potential for redevelopment to higher density. For...27 Unit Apartment Complex consisting of six adjacent parcels on 1.4 acres of land in the downtown area of southeast Fort Lauderdale. The property fronts on 3 streets and sale includes 400-414 SE 14 St and 401-417 SE 14 Court. Las Olas Blvd, the beach, airport, port, and Broward Medical Center are all in close proximity. Good upside potential as annual rentals, or consider vacation rentals for significant revenue boost. Expansive land area offers potential for redevelopment to higher density. For all of these possibilities, this unique parcel is a strong investment candidate. Income figures are projected rents with 2019 actual expenses. 5.1% cap rate plus oversized parcel for possible development of up to 75 units with rezone.
  1. Listed by Ross Herman • The Keyes Company

Property Details for 414 Southeast 14th Street

Waterfront
No
Area
3800
Geographic Area
Ft Ldale SE (3280;3600;3800)
Auction
No
Num Stories
2
Year Built Description
Resale
LISTING UPDATED: 07/10/2020 05:22 PM

Property Details for 414 Southeast 14th Street

StatusActive
MLS #A10815174
Days on Market1747
Taxes$50,208 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial/Industrial / Income/Multi Family
Year Built1981
Lot Size1.41 AC / 61,415 SF
CountyBroward County

Building

414 SE 14th St

2 StoriesBuilt in 1981

Building Information for 414 Southeast 14th Street

Stories2Residences-Year Built1981Building Size-Lot Size1.41 AC / 61,415 SF

Property Information for 414 Southeast 14th Street

Location Information
Location Information
  • Parcel Number Free Text: 504215430020
  • Parcel Number MLX: 0020
  • MLS Area: 3800
  • Township Range: 50
  • Section: 15
  • Subdivision Number: 43
  • Subdivision Complex Bldg: 27 Units on 1.4 Acres
  • Unit Count: 4
  • Zoning Information: RMM25
General Information
Parking
  • Num Parking Spaces: 33
  • Parking Description: Common Parking
General Information
  • Style of Property: Income Non-Waterfront
  • Property Description: 27 Units on 1.4 Acres
  • Prop Type-Type of Building: Apartments, Residential-Multi-Family
  • Building Sq Ft: 18,612
  • Num Tenants: 27
  • Num Meters: 26
  • Improvement Height COM: 1 Story
  • Location of Property: City Location, Corner Lot
  • County Land Code: 08
  • Environmental Audit: Unknown
  • Acreage Description: 1+ To 2 Acres
  • Approximate Lot Size: 61415 SF Appx
  • Property Sq Ft: 61415
  • Num Buildings: 7
  • Num Floors: 2
  • Road Frontage: City Road
  • Construction: CBS Construction
  • Construction Type: CBS Construction
  • Directions: Property is 2 blocks south of Davie Boulevard, just west of Federal Highway.
Additional Property Information
Utilities
  • Cooling Description: Central Individual A/C, Wall/Window Unit Cooling
  • Water Description: Public Water
  • Sewer Description: Public Sanitation
Additional Property Information
  • Guest Accommodations: No
  • Num Units: 27
  • Tenant Pays: Interior Electric
  • Miscellaneous Information: Dryer(S) Leased, Fenced Area, Rear Access, Washer(S) Leased
Financial Information
Financial Information
  • Tax Year: 2019
  • Special Information: City Jurisdiction
  • Information Available: Aerial Photo(S), Books & Records, Rent Rolls, Existing Survey
Agent / Office Information
Listing Information
  • Sale Includes: Building & Land

Property History for 414 Southeast 14th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 414 Southeast 14th Street

This home is within Broward.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Croissant Park Elementary School
PublicPK to 5

New River Middle School
Public6 to 8

Stranahan High School
Public9 to 12

Charter School Of Excellence
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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414 Southeast 14th Street is a multi-family home for sale in Fort Lauderdale, FL 33316. This property was listed for sale on February 10, 2020 by The Keyes Company, it's currently listed at $4,750,000. This listing's school district is Broward. Nearby schools include Croissant Park Elementary School, New River Middle School and Stranahan High School. 414 Southeast 14th Street is a 0-bed, 0-bath, multi-family home built in 1981.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Keyes Company

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.