Progresso Fourplex For Sale
831 Nw 1st Ave, Fort Lauderdale, FL 33311

$849,500
Pending For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11723168
  • Virtual Tour: YES
  • List Price: $849,500
  • Living Area: 2423 Ft² / 225 M²
  • Price Per Foot/Meter: $351 / $3,774
  • Taxes:$13,009
  • Year Built:1974
  • Listing Date:January 13, 2025
  • Days On Market:42

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.

Features


  • Floor:Tile
  • Exterior Feature:SecurityHighImpactDoors

Location


Price History


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker