$2,049,000
Est. payment /mo
4,753 SqFt
Active
842 NW 1st Ave Fort Lauderdale, FL 33311
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UPDATED:
02/12/2025 06:41 PM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,753 sqft
Price per Sqft $431
MLS Listing ID A11739246
Construction Status Resale
HOA Y/N No
Year Built 1974
Annual Tax Amount $20,453
Lot Size 10,126 Sqft
Property Sub-Type Multi Family
Property Description
This 8-unit renovated property presents a strong investment opportunity with existing cash flow, potential for rental growth, and future appreciation as the area transitions to higher-density zoning. The demand for multifamily units in Fort Lauderdale continues to rise, making this a solid long-term hold investment.
This is an excellent opportunity to develop and hold a multifamily asset in Progresso Village, a prime location off Andrews Ave and Sunrise Blvd in Fort Lauderdale.
This is an excellent opportunity to develop and hold a multifamily asset in Progresso Village, a prime location off Andrews Ave and Sunrise Blvd in Fort Lauderdale.
Location
State FL
County Broward
Area 3810
Direction USE GOOGLE MAPS
Exterior
Total Parking Spaces 10
Private Pool Yes
Building
Story 2
Level or Stories Two
Construction Status Resale
Others
Tax ID 494234063170
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Real Broker LLC