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.
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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.
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Nearby Schools
2
/10
North Fork Elementary School
101 NW 15th Ave
Distance between this listing and this school0.65 miles
Public Magnet Grades PK-5
1
/10
Walker Elementary School
1001 NW 4th St
Distance between this listing and this school0.92 miles
Public Magnet Grades PK-5
6
/10
Riverland Elementary School
2600 SW 11th Ct
Distance between this listing and this school1.03 miles
Public Magnet Grades PK-5
Nearby Schools
4
/10
New River Middle School
3100 Riverland Rd
Distance between this listing and this school2.28 miles
Public Magnet Grades 6-8
3
/10
Parkway Middle School
3600 NW 5th Ct
Distance between this listing and this school2.41 miles
Public Magnet Grades 6-8
3
/10
William Dandy Middle School
2400 NW 26th St
Distance between this listing and this school3.06 miles
Public Magnet Grades 6-8
Nearby Schools
3
/10
Stranahan High School
1800 SW 5th Pl
Distance between this listing and this school0.35 miles
Public Magnet Grades 9-12
1
/10
Sunrise High School
424 W Sunrise Blvd
Distance between this listing and this school1.71 miles
Public Charter Grades 9-12
1
/10
Whiddon Rodgers Education Center
700 SW 26th St
Distance between this listing and this school1.79 miles
The neighbors living near this home have an average income of $61,316. Typical income of Fort Lauderdale, FL residents is less than $35k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
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.
Fort Lauderdale, FL housing market in October 2024 saw over 12 listings sold above listed price, more than 9 sold at listed price and over 72 sold below. In October 2024 in Fort Lauderdale, FL there were 13.2% more homes for sale than in September 2024. In October 2024, listings were on the market for 75 days. During the same period, the median list price in this real estate market was $484,475.
From Rocket Homes Real Estate and based on county public records data.