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831 Nw 1st Ave, Fort Lauderdale, FL – $849,500

  • $850k Price
  • 2,423 Sqft
  • 110 DOM
  • $850k Price
  • 2,423 Sqft
  • 110 DOM

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.

Essential Information

  • MLS® #A11723168
  • Price$849,500
  • Bathrooms0.00
  • Square Footage2,423
  • Year Built1974
  • TypeResidential Income
  • Sub-TypeQuadruplex
  • StyleFourplex
  • StatusActive Under Contract

Community Information

  • Address831 Nw 1st Ave
  • Area3810
  • SubdivisionPROGRESSO
  • CityFort Lauderdale
  • CountyBroward
  • StateFL
  • Zip Code33311-7468

Amenities

  • UtilitiesCable Available

Interior

  • InteriorTile
  • HeatingCentral
  • CoolingCentral Air
  • # of Stories1
  • StoriesOne

Exterior

  • Exterior FeaturesSecurity/High Impact Doors
  • WindowsImpact Glass
  • RoofShingle
  • ConstructionBlock

Additional Information

  • Listing Courtesy ofAdache LLC
  • Date ListedJanuary 13th, 2025
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