842 Nw 1st Ave

This 8-unit renovated property presents a strong investment opportunity with existing cash flow, potential for rental growth, and future appreciation as the area transitions to higher-density zoning. The demand for multifamily units in Fort Lauderdale continues to rise, making this a solid long-term hold investment. This is an excellent opportunity to develop and hold a multifamily asset in Progresso Village, a prime location off Andrews Ave and Sunrise Blvd in Fort Lauderdale.

Essential Information

MLS® #A11739246
Price$2,049,000
Bathrooms0.00
Year Built1974
TypeCommercial
Sub-TypeMulti Family
StatusActive

Community Information

Address842 Nw 1st Ave
Area3810
CityFort Lauderdale
CountyBroward
StateFL
Zip Code33311-7470

Amenities

ParkingCommon

Interior

# of Stories2
StoriesTwo

Additional Information

Listing Courtesy ofReal Broker LLC
Date ListedFebruary 12th, 2025

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