Basic Information

  • MLS # A11723168
  • Type Duplex / Quad Plex / Triplex
  • Status Active Under Contract
  • Subdivision/Complex Progresso
  • Year Built 1974
  • Total Sqft 2,423
  • Date Listed 01/13/2025
  • Days on Market 101
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.

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Design Description Fourplex
  • Parking Description
  • Exterior Features Security High Impact Doors
  • Roof Description Shingle

Interior Features

  • Adjusted Sqft 2,423Sq.Ft
  • Cooling Description Central Air
  • Floor Description Tile
  • Heating Description Central
  • Sqft 2,423 Sq.Ft

Property Features

  • Address 831 N W1st Ave
  • Aprox. Lot Size 2,423
  • Architectural Style Fourplex
  • City Fort Lauderdale
  • Construction Materials Block
  • County Broward
  • Furnished Info No
  • Levels One
  • Listing Terms Cash, Conventional, F H A, Va Loan
  • Lot Description Less Than Quarter Acre
  • Lot Features Less Than Quarter Acre
  • Occupant Type Tenant
  • Pool Features None
  • Possession Closing And Funding
  • Postal City Fort Lauderdale
  • Public Survey Section One
  • Roof Shingle
  • Sewer Description Public Sewer
  • Short Sale Regular Sale
  • Stories 1
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Progresso
  • Tax Amount $13,009
  • Tax Information P R O G R E S S O2-18 D L O T7,8,9 L E S S S20.66 B L K260
  • Tax Year 2024
  • Terms Considered Cash, Conventional, F H A, Va Loan
  • Type of Property Quadruplex
  • Window Features Impact Glass

831 NW 1st Ave

Fort Lauderdale, FL 33311

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Adache LLC. tel: 786-649-0411

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