831 NW 1st Ave Fort Lauderdale, FL 33311
Listing Courtesy of: MIAMI / Adache LLC

  831 NW 1st Ave Fort Lauderdale, FL 33311

Active (23 Days)
$849,500

Description

Discover a prime investment opportunity at 831 NW 1st Ave, Fort Lauderdale, a well-maintained 4-unit multifamily property offering steady cash flow and future potential. Each spacious unit averages 600 square feet and generates $1,600 per month in rent, making this property an attractive income-producing asset. The building features hurricane impact windows for added security and durability. Conveniently near downtown Fort Lauderdale, the property is surrounded by significant development, including a site across the street recently rezoned to allow up to 120 feet in height and 150 units per acre. While this zoning doesn’t apply to the subject property, its proximity to such growth enhances the area’s appeal and long-term value.

MLS #:
A11723168
Taxes
$13,009(2024)
Type
Multifamily
Year Built
1974
Style
Fourplex
County
Broward County
Community
Progresso

Listed By

Johnathan Ibarra-Blackmoon, Adache LLC
Source
MIAMI
Last checked Feb 5 2025 at 12:20 PM GMT+0000
Bathroom Details
Interior Features
  • Windows: Impact Glass
Subdivision
  • Progresso
Heating and Cooling
  • Central
  • Central Air
Flooring
  • Tile
Exterior Features
  • Roof: Shingle
Utility Information
  • Utilities: Cable Available
  • Sewer: Public Sewer
Stories
  • 1
Living Area
  • 2,423 sqft
Location
   
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Disclaimer: Copyright 2025 Miami Association of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 2/5/25 04:20