NEW
- MLS® #: A11831403
- 842 Nw 1st Ave
- Fort Lauderdale, FL 33311-7470
- $2,050,000
- 0.23 Acres
- Business
Prime 8-unit multifamily in booming Downtown Fort Lauderdale, just off Andrews Ave and Sunrise Blvd in Progresso Village. Fully stabilized with spacious 1-bed/1-bath units featuring modern interiors, impact doors, separate meters, and extensive updates including new kitchens, doors, vanities, light fixtures, cabinets, stone counters, and walk-in closets. Fully leased at $1,750/month on Section 8, providing secure income from day one, with pro forma rents of $1,900+. The 10,000 SF lot (zoned RMM-25 and being rezoned to NW RAC) offers future potential to double the unit count. Rare seller financing at 5.5% interest-only makes this a standout cash flow and redevelopment opportunity in Fort Lauderdale’s fastest-growing corridor.
View Virtual TourEssential Information
- MLS® #A11831403
- Price$2,050,000
- CAD Dollar$2,822,868
- UK Pound£1,540,272
- Euro€1,770,271
- 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
- InteriorTile, Other
- # of Stories2
- StoriesTwo
Exterior
- RoofOther, Shingle
- ConstructionBlock
- Office: Fausto Commercial Realty Consultants Inc
Property Location
842 Nw 1st Ave on www.ww.jupiteroceanfrontcondos.us
Offered at the current list price of $2,050,000, 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 1 days.Similar Listings to 842 Nw 1st Ave
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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the REALTOR® Association of Greater Miami and the Beaches, and is updated as of August 6th, 2025 at 10:46pm CDT (date/time).
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