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  3. 842 Nw 1st Ave Fort Lauderdale, FL - 33311-7470
  • MLS® #: A11831403
  • 842 Nw 1st Ave
  • Fort Lauderdale, FL 33311-7470
  • $1,900,000
  • 0.23 Acres
  • Business

Rare opportunity to acquire an 8-unit multifamily in Progresso Village, just off Andrews Ave and Sunrise Blvd in Downtown Fort Lauderdale. The property offers eight 1-bed/1-bath units with modern interiors, impact doors, separate meters, and upgrades including new kitchens, stone counters, walk-in closets, vanities, light fixtures, and cabinets. Currently 7 units are leased with 1 recently renovated and vacant, generating $146,568 gross income with upside as rents renew. Sitting on a 10,000 SF lot zoned RMM-25 and in process of rezoning to NW RAC, the site offers potential to double the unit count. With rare seller financing at 5.5% interest-only, this investment delivers strong cash flow and long-term redevelopment potential in one of Fort Lauderdale’s fastest-growing corridors.

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Essential Information

  • MLS® #A11831403
  • Price$1,900,000
  • CAD Dollar$2,662,428
  • UK Pound£1,446,046
  • Euro€1,647,332
  • Bathrooms0.00
  • Acres0.23
  • Year Built1973
  • TypeBusiness
  • Sub-TypeMulti Family
  • StatusActive

Community Information

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

Amenities

  • ParkingCommon

Interior

  • InteriorOther, Tile
  • # of Stories2
  • StoriesTwo

Exterior

  • RoofOther, Shingle
  • ConstructionBlock
  • Office: Fausto Commercial Realty Consultants Inc

Property Location

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842 Nw 1st Ave on www.w.jupiteroceanfrontcondos.us

Offered at the current list price of $1,900,000, this home for sale at 842 Nw 1st Ave features 0 bedrooms and 0 bathrooms. This real estate listing is located in of Fort Lauderdale, FL 33311-7470 . 842 Nw 1st Ave is listed under the MLS ID of A11831403 and has been on the Fort Lauderdale real estate market for 76 days.

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