$1,550,000
Fort Lauderdale, FL 33304
MLS# A12110633
1 / 74
Property Description
EXCEPTIONAL TURNKEY MULTIFAMILY INVESTMENT OPPORTUNITY IN THE HEART OF FORT LAUDERDALE! This fully renovated and fully furnished 5-unit property offers immediate income from day one and is currently generating an approximate 7% annual return based on current operations. The unit mix includes three 1-bedroom/1-bath units, one 2-bedroom/1-bath unit, and one studio. Four units are currently operated as short-term rentals, while one 1-bedroom unit is leased long-term at $1,800/month, providing a diversified rental strategy. All five units were renovated within the past three years and are offered fully furnished and equipped, making this a true turnkey investment. The property also features 5 parking spaces, a common laundry area, outdoor patio and BBQ area, tropical landscaping, smart locks, and CCTV surveillance. Ideally located approximately 3.5 miles from Fort Lauderdale Beach and just 2.3 miles from I-95, with convenient access to Downtown Fort Lauderdale, Las Olas, shopping, dining, entertainment, and major transportation routes. Additional upside potential exists through optimized short-term rental management and further enhancement of the outdoor amenities, including the potential addition of a swimming pool. A rare opportunity to acquire a renovated, furnished, income-producing multifamily property in one of South Florida's most desirable and active rental markets. Please contact the listing agent to schedule a private showing. Minimum 24-hour advance notice required.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-10-21
Status: Active
Original List Price: 1550000
List Price: $1,550,000
Current Price: $1,550,000
Location and Legal
County Or Parish: Broward
County Parish Name: Broward
City Name: Fort Lauderdale
Postal Zip: 33304
Geographic Area: FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Subdivision Number: 4
Multiple Offers Accepted: Yes
Flood Zone: AE
Country: United States
Street Number: 1017
Street Direction Prefix: NE
Street Name: 14th
Street Suffix: Avenue
State Or Province: FL
Postal Code: 33304
Postal Code +4: 2225
Subdivision Name: PROGRESSO
Area: 3380
Elementary School: Bennett
Middle Or Junior School: Sunrise
High School: Fort Lauderdale
Parcel Number: 494234046340
Zoning: RMM-25
General Property Information
Number Of Units Total: 4
Lot Size Dimensions: 6740 SQFT
Parking Total: 5
Stories Total: 1
Pool Private YN: No
Property Sub Type: Quadruplex
Year Built: 1958
Financial Information
Estimated Monthly Assoc Recurring Fee: 0
Tax Annual Amount: 19135
Tax Year: 2025
Tax Legal Description: PROGRESSO 2-18 D LOT 15,16 BLK 173
Office/Member Information
DXORIGMLSID: SEF
Flooring
Vinyl: 1
Other: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Documents Available
Copy Of Lease(s): 1
Structure Type
Multi Family: 1
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Heating
Window/Wall: 1
Construction Materials
Block: 1
Stucco: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Other: 1
Water Source
Public: 1
Income and Expenses
Gross Income: 2322
Cooling
Wall/Window Unit(s): 1
Showing Requirements
24 Hour Notice: 1
Call Listing Agent: 1
Storm Protection
Panel Shutters: Complete
Tax Information
Other Exemption: 1
Unit 1 Appliances
Refrigerator: 1
Unit 1 Details
Actual Rent: 166
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Furnished
Unit 1 Lease Description
Lease Term: Month To Month
Unit 1 Parking Features
Open Parking: 1
Unit 2 Appliances
Refrigerator: 1
Unit 2 Details
Actual Rent: 1800
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Furnished
Unit 2 Lease Description
Lease Term: Month To Month
Unit 2 Parking Features
Open Parking: 1
Unit 3 Appliances
Refrigerator: 1
Unit 3 Details
Actual Rent: 166
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Furnished
Unit 3 Lease Description
Lease Term: Month To Month
Unit 3 Parking Features
Open Parking: 1
Unit 4 Appliances
Refrigerator: 1
Unit 4 Details
Actual Rent: 190
Baths Full: 1
Beds Total: 2
Efficiency YN: Yes
Furnished: Furnished
Unit 4 Lease Description
Lease Term: Month To Month
Unit 4 Parking Features
Open Parking: 1
Section Details
Parcel Number MLX: 6340
Status Change Information
Major Change Timestamp: 2026-10-21T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-10-21
Originating Details
Originating System Key: 567943032
Originating System ID: M00000151
Property Features
Documents Available: Copy Of Lease(s)
Flooring: Vinyl; Other
Property Condition: Resale
Structure Type: Multi Family
Construction Materials: Block; Stucco
Cooling: Wall/Window Unit(s)
Heating: Window/Wall
Listing Terms: Cash; Conventional
Lot Features: Other
Possession: Negotiable
Sewer: Public Sewer
Tax Information: Other Exemption
Utilities: Cable Available
Water Source: Public
Showing Requirements: 24 Hour Notice; Call Listing Agent
Unit 1 Appliances: Refrigerator
Unit 1 Parking Features: Open Parking
Unit 2 Appliances: Refrigerator
Unit 2 Parking Features: Open Parking
Unit 3 Appliances: Refrigerator
Unit 3 Parking Features: Open Parking
Unit 4 Appliances: Refrigerator
Unit 4 Parking Features: Open Parking
Listing Office: Grand Realty of America, Corp.

Last Updated: October - 28 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

