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202 NW 14th Avenue 202, Fort Lauderdale, FL 33311

$5,200,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11857454

Property Type: Commercial Sale Square Footage: 22,761 Status: Active

Current Price: $5,200,000 List Date: 8/13/2025 Last Modified: 5/18/2026

Overview

Description

Exceptional investment opportunity featuring 17 stabilized, fully leased townhomes within a 38-unit residential community in Fort Lauderdale, FL. Most units include newer central A/C systems for long-term durability and tenant satisfaction. Mix of 1-car and 2-car garages enhances tenant appeal and functionality. Seller holds valuable Builder Rights, granting full control over the HOA and strategic influence over community operations. Tenants pay for their own water and electricity, providing operational efficiency and reduced owner expenses. Strong in-place rental income, minimal management requirements, and a prime location near major highways, schools, shopping, and vibrant Downtown Fort Lauderdale.

Listing Details MLS# A11857454

General Property Information

Number Of Buildings: 8
Property Sub Type: Multi Family
Number Of Units Total: 2
Price Per Unit: 317647
Occupant Type: Tenant
Building Area Main: 22761
Year Built: 2007
Lot Size Area: 2691
Lot Size Acres: 0.06
Stories Total: 0

Property Features

Common Area Maintenance Includes: Exterior Maintenance; Lawn Care Documents Available: Investment Analysis; Rent Rolls Flooring: Tile; Vinyl Heating: Central Individual Location of Property: City Location Sale Includes: Leases Tenant Pays: Electricity; Interior Electric; Sewer; Water Construction Materials: Block Cooling: Central Individual Listing Terms: 1031 Exchange; Cash; Conventional Sewer: Public Sewer Water Source: Public Showing Requirements: Call Listing Agent

Contract Information

Comp Sale YN: No
Original List Price: 5400000

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 202
Street Direction Prefix: NW
Street Name: 14th
Street Suffix: Avenue
Unit Number: 202
City Name: Fort Lauderdale
State Or Province: FL
Postal Code: 33311
Postal Code +4: 8992
Area: 3460
Geographic Area: FTNW - Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Parcel Number: 504204500070
Subdivision Number: 50
Zoning: RMM-25
Flood Zone: AE
Directions: I-95 go to to East Broward Blvd. - head East. Turn left onto NW 15TH Avenue. Turn Right onto NW 2nd Street and head East. Property is on Left.

Financial Information

Association Fee: 250
Association Fee Frequency: Monthly
Tax Legal Description: SEMINOLE FOREST 14-16 B PORTION LOT 11 BLK 3 DESC AS: COMM SE COR LOT 9,W 107.40 ALG S/L TO POB,W 38.79,NWLY ARC DIST 23.60,N 35.93,E 53.83,

Status Change Information

Major Change Timestamp: 2025-09-19T16:25:14Z
Major Change Type: Price Reduced
Price Change Timestamp: 2025-09-19T16:25:14Z
Status Change Date: 2025-08-12

More Information

Meter Information

Number Of Meters Total: 17

Description of Unit Type 1

Unit Type: 2 Bedroom
Units Total: 9
Furnished: No

Description of Unit Type 2

Unit Type: 3 Bedroom
Units Total: 8
Furnished: No

Section Details

Parcel Number MLX: 0070

Originating Details

Originating System Key: 419173726
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Flooring

Tile: Yes
Vinyl: Yes

Documents Available

Investment Analysis: Yes
Photos: Yes
Rent Rolls: Yes

Tenant Pays

Electricity: Yes
Interior Electric: Yes
Sewer: Yes
Water: Yes

Location of Property

City Location: Yes

Sewer

Public Sewer: Yes

Common Area Maintenance Includes

Exterior Maintenance: Yes
Lawn Care: Yes

Heating

Central Individual: Yes

Sale Includes

Leases: Yes

Construction Materials

Block: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes

Water Source

Public: Yes

Cooling

Central Individual: Yes

Showing Requirements

Call Listing Agent: Yes

Listing Office: Charles Rutenberg Realty FTL

Last Updated: May - 18 - 2026

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