Fort Lauderdale, FL 33311 831 NW 1st Ave
$849,500
15 more
Presented By: This listing is courtesy of Adache LLC;
Beds • 1
Baths • 1
SQFT • 2,423
Home Details
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.
Presented By: This listing is courtesy of Adache LLC;
Interior Features for 831 NW 1st Ave
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringTile
Heating Y/NYes
Window FeaturesImpactGlass
General for 831 NW 1st Ave
Additional Parcels Y/NNo
Architectural StyleFourplex
Attached Garage No
Carport Y/NNo
CityFort Lauderdale
Construction MaterialsBlock
Contingency3rd Party Approval
CoolingCentralAir
CountyBroward
DirectionsUse GPS
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionPROGRESSO 2-18 D LOT 7, 8, 9 LESS S 20.66 BLK 260
LevelsOne
Listing TermsCash, Conventional, FHA, VaLoan
Lot Size UnitsSquareFeet
MLS Area3810
MLS Area MinorFt Ldale NW(3390-3400;3460;3540-3560;3720;3810)
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeTenant
Pool FeaturesNone
PossessionClosingAndFunding
PostalCityFort Lauderdale
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Rent IncludesGardener, Sewer, TrashCollection, Water
RoofShingle
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories1
Subdivision NamePROGRESSO
Tax Annual Amount13009.0
Tax Year2024
UtilitiesCableAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built1974
Year Built DetailsEffective Year Built
Zoning DescriptionRMM-25
Exterior for 831 NW 1st Ave
Building Area Total2423.0
Covered Spaces0.0
Crops Included Y/NNo
Exterior AmenitiesSecurityHighImpactDoors
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLessThanQuarterAcre
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking5.0
Additional Details
Price History
Ann Marie Butler
Realtor®
