Basic Information

  • Type Multi Family
  • Status Active
  • Year Built 1974
  • Total Sqft 10,126
  • Date Listed 02/12/2025
  • Days on Market 85
Description

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.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description Common
  • Style Multi Family

Interior Features

  • Adjusted Sqft 10,126Sq.Ft
  • Sqft 10,126 Sq.Ft

Property Features

  • Address 842 NW 1st Ave
  • Aprox. Lot Size 10,126
  • City Fort Lauderdale
  • County Broward
  • Furnished Info no
  • Levels Two
  • Listing Terms Cash, Conventional
  • Occupant Type Call Agent
  • Parking Features Common
  • Possession Close Of Escrow
  • Postal City Fort Lauderdale
  • Public Survey Section Two
  • Stories 2
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $20,453
  • Tax Legal desc P R O G R E S S O2-18 D L O T S44 T H R U46 B L K259
  • Tax Year 0
  • Terms Considered Cash, Conventional
  • Type of Property Multi Family
  • Year Built Details Resale

842 NW 1st Ave

Fort Lauderdale, FL 33311

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: Real Broker LLC. tel: 855-450-0442

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