842 NW 1st Ave Active

Fort Lauderdale,FL 33311

$ 2049000

- Bed

0 Bath

4753 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,753 sqft

Price per Sqft $431

MLS Listing ID A11739246

Construction Status Resale

HOA Y/N No

Year Built 1974

Annual Tax Amount $20,453

Lot Size 10,126 Sqft

Property Sub-Type Multi Family

Property Description

This 8-unit renovated property presents a strong investment opportunity with existing cash flow, potential for rental growth, and future appreciation as the area transitions to higher-density zoning. The demand for multifamily units in Fort Lauderdale continues to rise, making this a solid long-term hold investment.

This is an excellent opportunity to develop and hold a multifamily asset in Progresso Village, a prime location off Andrews Ave and Sunrise Blvd in Fort Lauderdale.

Location

State FL

County Broward

Area 3810

Direction USE GOOGLE MAPS

Exterior

Total Parking Spaces 10

Private Pool Yes

Building

Story 2

Level or Stories Two

Construction Status Resale

Others

Tax ID 494234063170

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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