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USAFLFort Lauderdale842 Nw 1St Ave
842 Nw 1 St Ave, Home with 0 bedrooms, 0 bathrooms and 11 parking in Fort Lauderdale FL | Image 1
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$2,050,000

842 Nw 1 St Ave, Fort Lauderdale, FL

Real Estate

For Sale

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0011
  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 4753 sqft
Garage No
Taxes $20,453
Days Active 0
Lot Size 
Approx. Age 1973
Avg. Price Per Sqft $431
MLS® Number A11831358

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Prime 8-unit multifamily in booming Downtown Fort Lauderdale, just off Andrews Ave and Sunrise Blvd in Progresso Village. Fully stabilized with spacious 1-bed/1-bath units featuring modern interiors, impact doors, separate meters, and extensive updates including new kitchens, doors, vanities, light fixtures, cabinets, stone counters, and walk-in closets. Fully leased at $1, 750/month on Section 8, providing secure income from day one, with pro forma rents of $1, 900+. The 10, 000 SF lot (zoned RMM-25 and being rezoned to NW RAC) offers future potential to double the unit count. Rare seller financing at 5.5% interest-only makes this a standout cash flow and redevelopment opportunity in Fort Lauderdale’s fastest-growing corridor.Show Description
MLS® NumberA11831358
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1973
Basement
Driveway
Garage Spaces
HeatOther
A/COther
Heating Fuel

Extras

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