414 Southeast 14th Street
$4,750,000
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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.
- Listed by Ross Herman • The Keyes Company
Property Details for 414 Southeast 14th Street
Waterfront
No
Area3800
Geographic AreaFt Ldale SE (3280;3600;3800)
AuctionNo
Num Stories2
Year Built DescriptionResale
LISTING UPDATED: 07/10/2020 05:22 PM
Property Details for 414 Southeast 14th Street
Status | Active |
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MLS # | A10815174 |
Days on Market | 1747 |
Taxes | $50,208 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial/Industrial / Income/Multi Family |
Year Built | 1981 |
Lot Size | 1.41 AC / 61,415 SF |
County | Broward County |
Building
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
Property History for 414 Southeast 14th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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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