2724 14Th St, Fort Lauderdale, FL 33304

7 Unit Apartment Building | $4,795,000 ($685,000/Unit) | 5.18% Cap Rate | Fort Lauderdale, FL 33304

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $4,795,000

Property Type
Multifamily
Square Feet
4,700 SF

Listing Contacts

Sarah Thornton
Sarah Thornton
Verified Profile
  • Property Info

Property Overview

PRIME LOCATION in east Fort Lauderdale neighborhood, Coral Ridge. TURNKEY legal 7-unit short term vacation rental with 4 55'± slips. **NO FIXED BRIDGES** 1100± great AirBnb reviews. Can be rented daily, weekly, monthly or yearly. Rentals were paused for updates/clean up and back in swing in 2024. Great value-add opportunity. Building height is 55'
1 LG BD/BA with private washer/dryer
4 1 BD/1BA
1 BD/BA with kitchenette
1 Studio with full kitchen.
New decking on dock, new ACs, newer holding tank pumpout station, laundry facility, common area restroom, 2 Hypower pedestals, heated pool, BBQ area. Ocean Access property w/ desirable south-rear exposure on a wide canal opening into Lake Seminole. Approx. 1.4 miles to the beach, .8 miles to the Galleria Mall with dining options such as Capital Grille and Seasons 52, 2.5 miles to Las Olas and 20 mins to FLL. Kindly do not walk the property or disturb guests.

Property Details

Class
C
Year Built
1966
Stories
2
Lot Size (sq. ft)
10,019 SF
Units
7

Highlights

  • Seven separate units with four 55± docks.
  • New docks with holding tank pumpout station and 2 Hypower pedestals.
  • Coral Ridge locations close to the Beach, The Galleria, Coral Ridge Country Club and more.

FAQ

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].