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.
Property Type
ResidentialIncomeSubdivision
ProgressoCounty
BrowardStyle
FourplexAD ID
48324004
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Property Details
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Interior Features
Interior Features
- Roof: Shingle
Roofing Information
- Shingle
Flooring Information
- Tile
Heating & Cooling
- Heating: Central
- Cooling: CentralAir
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Exterior Features
Building Information
- Year Built: 1974
Exterior Features
- SecurityHighImpactDoors
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Property / Lot Details
Lot Information
- Lot Description: LessThanQuarterAcre
Property Information
- Subdivision: PROGRESSO
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Listing Information
Listing Price Information
- Original List Price: $849500
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Taxes / Assessments
Tax Information
- Annual Tax: $13009
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Garage: 5
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School, Utilities & Location Details
Utility Information
- CableAvailable
Location Information
- Direction: Use GPS
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BuyOwner last updated this listing 01/14/2025 @ 19:01
- MLS: A11723168
- LISTING PROVIDED COURTESY OF: Johnathan Ibarra-Blackmoon, Adache LLC
- SOURCE: SEFMIAMI
is a Home, with 1 bedrooms which is for sale, it has 2,423 sqft, 2,423 sized lot, and 0 parking. are nearby neighborhoods.