4 months on rocket

605 SW 14th Ter, Fort Lauderdale, FL, 33312

$1,550,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,790 SqFt
$556/SqFt
Multi

Location

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605 SW 14th Ter, Fort Lauderdale$1,550,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1967
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
MLS #A11620213
StatusActive

About 605 SW 14th Ter

INVESTMENT OPPORTUNITY! Renovated Fourplex with large 2 beds / 1 bath units. Each unit has individual electrical meter. All units are currently running as short term rentals. All units have been renovated in 2024. 1 Parking space for unit. Great investment opportunity in a centric location with potential to increase revenue. Backyard space with potential to develop. Laundry Room with washer & dryer, install a coin laundry and generate another income. Separate electrical room. Located in Riverside Park, close to Downtown Ft Lauderdale, the marine centers on the New River, Las Olas Boulevard, and the Beaches. Easy access I-95. This renovated well-maintained property offers an excellent investment opportunity for both seasoned investors and those looking to enter the real estate market.

Property Details

Property Features

Property Information:

  • Architectural Style: Fourplex
  • Year Built: 1967
  • Stories: 1
  • Living Area: 2,790 SqFt

Listing Office:

  • Office Name: Interinvestments Realty, Inc.
  • Office Phone: (305) 220-1101
  • Listing Agent: Yick Wong Kit Montes

Interior Features

Interior Information:

  • Flooring Type: Concrete

Exterior Features

Exterior Information:

  • Exterior: Fence, Patio

Virtual/3D Tour

  • Virtual Tour: 605 SW 14th Ter
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,550,000
  • Price Per SqFt: $556/SqFt
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Housing Market Comparison

See how this home compares to others in Fort Lauderdale, FL.

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Fort Lauderdale, FL

City

Med. Sold Price

$484.4K

Med. Price/SqFt

$366

Avg. Days On Market

75

# of Sold Homes

93

605 SW 14th Ter vs Fort Lauderdale

125 DAYS ON ROCKET

+50 Days

$1,550,000

+$1.0M More

$556/SqFt

+$190 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $190/SqFt more than other homes in Fort Lauderdale, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11620213

Listing Office:

  • Office Name: Interinvestments Realty, Inc.
  • Office Phone: (305) 220-1101
  • Listing Agent: Yick Wong Kit Montes

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 5:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$7,803

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,713

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-101711
2
/10

  • North Fork Elementary School

  • 101 NW 15th Ave

  • 0.65 miles

  • Public Magnet Grades PK-5

school-card-donut-101712
1
/10

  • Walker Elementary School

  • 1001 NW 4th St

  • 0.92 miles

  • Public Magnet Grades PK-5

school-card-donut-101713
6
/10

  • Riverland Elementary School

  • 2600 SW 11th Ct

  • 1.03 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,316. The majority of Fort Lauderdale, FL residents have income less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Broward County›Fort Lauderdale›33312›605 SW 14th Ter

This home is located at 605 SW 14th Ter in Fort Lauderdale, FL and zip code 33312 in the Riverside Park neighborhood. This 2,790 square foot home was built in 1967. It has been listed on Rocket Homes since July 12, 2024 and is currently priced at $1,550,000.

In October 2024, from all listings sold in Fort Lauderdale, FL there were more than 12 sold above asking price, over 72 sold below and more than 9 were sold right at the asked price. The inventory of homes for sale in Fort Lauderdale, FL between September 2024 and October 2024 increased by 13.2%. The median list price of listings available in October 2024 was $484,475, while the average time on the real estate market was 75 days.

From Rocket Homes Real Estate and based on county public records data.

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