831 1st Ave ,Detached, Quadruplex, Progresso for Sale

831 1st Ave for Sale

Price $849,500.00

• Lot size 2423
• Year Build 1974
• Waterfront
• Zip 33311
• Style Detached
• Parking Description
• Pool Yes
• Status Active

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.

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PROGRESSO 2-18 D LOT 7,8,9 LESS S 20.66 BLK 260

Less Than 1/4 Acre Lot

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.

City:Fort Lauderdale,Zoning:RMM-25,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2024,Latitude:26.1344655,Cooling Y N:1,Heating Y N:1,List Price:849500,Listing Id:A11723168,Longitude:-80.1453642,Mls Status:Active,Year Built:1974,Directions:Use GPS,Living Area:2423,Postal Code:33311,Street Name:1st Ave,Coordinates:1:26.1344655,Photos Count:20,Building Name:PROGRESSO,Listing Terms:1:Conventional,2:FHA,3:VA Loan,Lot Size Units:Square Feet,M I A M I R E_ Area:3810,M L S Area Major:Progresso,On Market Date:2025-01-13,Parcel Number:494234063240,Parking Total:5,Property Type:Residential Income,Rent Includes:1:Sewer,2:Trash Collection,3:Water,Stories Total:1,Street Number:831,M I A M I R E_ Style:Fourplex,Public Remarks: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.,Structure Type:1:Fourplex,County Or Parish:Broward County,List Office Name:Adache LLC,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:7468,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:PROGRESSO,Tax Annual Amount:13009,Unparsed Address:831 NW 1st Ave, Fort Lauderdale FL 33311,Listing Agreement:Exclusive Agency,Year Built Details:Effective Year Built,Building Area Total:2423,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:350.5984,Original List Price:849500,Public Survey Range:49,Documents Available:1:Rent Rolls,I D X Participation Y N:1,Syndication Remarks: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.,Listing Contract Date:2025-01-13,Originating System I D:miamire,Public Survey Section:34,Showing Instructions:24 Hour Notice,Street Number Numeric:831,Tax Legal Description:PROGRESSO 2-18 D LOT 7,8,9 LESS S 20.66 BLK 260,Public Survey Township:49,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:2423,M I A M I R E_ Internet Remarks:Discover an investment opportunity at 831 NW 1st Ave, Fort Lauderdale, a 4-unit multifamily positioned for both immediate cash flow and appreciation.,Contract Status Change Date:2025-01-13,Internet Address Display Y N:1,Number Of Units In Community:1,M I A M I R E_ Ok To Advertise List:Yes - Attribution Required (Agent and Office),Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:350.6,