831 Nw 1st Ave, Fort Lauderdale, FL

$849,500

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2,423

Square feet

About 831 Nw 1st Ave

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.

Features of 831 Nw 1st Ave

MLS® # A11723168
Price $849,500
Bathrooms 0.00
Square Footage 2,423
Acres 0.00
Year Built 1974
Type Residential Income
Sub-Type Quadruplex
Style Fourplex
Status Active Under Contract

Community Information

Address 831 Nw 1st Ave
Area 3810
Subdivision PROGRESSO
City Fort Lauderdale
County Broward
State FL
Zip Code 33311-7468
HOPA No Hopa

Amenities

Utilities Cable Available
Is Waterfront No
Has Pool No

Interior

Interior Tile
Heating Central
Cooling Central Air
Fireplace No
# of Stories 1
Stories One

Exterior

Exterior Features Security/High Impact Doors
Windows Impact Glass
Roof Shingle
Construction Block

Listing Details

OfficeAdache LLC

Listing Map

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