429 NW 14th Avenue is a 2-unit duplex in Fort Lauderdales 33311 submarket, offered at 415,000 (207,500/unit). Both units are updated 2BR/1BA and currently occupied, generating combined rent of 3,300/month (39,600 annually). Current operating expenses total 12,240/year, producing a current NOI of 27,360 and a 6.59% cap rate.

The property offers strong upside potential, as current rents of 1,600 and 1,700 sit below market levels of approximately 1,800/unit. Bringing both units to market rent would increase annual gross income to 43,200, raising NOI to 30,960 and the cap rate to 7.46%, with expenses held flat. This combination of stable in-place cash flow and clear rental upside makes 429 NW 14th Avenue an attractive value-add opportunity for investors seeking a manageable two-unit asset in a strong Fort Lauderdale submarket.