FL > Fort Lauderdale > Progresso
Fort Lauderdale, FL 33311,831 NW 1st Ave
Fort Lauderdale, FL 33311,831 NW 1st Ave
Fort Lauderdale, FL 33311,831 NW 1st Ave
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$849,500
Est. payment /mo
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2,423 SqFt
Active

831 NW 1st Ave Fort Lauderdale, FL 33311

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Jesse Rodriguez

Jesse Rodriguez

+1(305) 564-1290

UPDATED:

01/13/2025 07:00 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,423 sqft

Price per Sqft $350

Subdivision Progresso

MLS Listing ID A11723168

Style Fourplex

Construction Status Effective Year Built

HOA Y/N No

Year Built 1974

Annual Tax Amount $13,009

Tax Year 2024

Property 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.

Location

State FL

County Broward

Community Progresso

Area 3810

Direction Use GPS

Interior

Heating Central

Cooling Central Air

Flooring Tile

Window Features Impact Glass

Exterior

Exterior Feature Security/High Impact Doors

Pool None

Utilities Available Cable Available

Roof Type Shingle

Total Parking Spaces 5

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories One

Structure Type Block

Construction Status Effective Year Built

Others

Tax ID 494234063240

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Listed by Adache LLC

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agent

Jesse Rodriguez

Investment Specialist | License ID: 3608331

+1(305) 564-1290

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831 NW 1st Ave