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.
Features
: 10
: Common
Address Map
FL
Broward County
Fort Lauderdale
33311
842 NW 1st Ave
0
W81° 51' 18.8''
N26° 8' 5''
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MLS Addon
15
: All Cash, Conventional/refinance
: Sale
2
$20,453
RMM-25
Commercial Sale For Sale
842 NW 1st Ave, Fort Lauderdale, Florida 33311
10,126 Sqft
$2,049,000
Listing ID #A11739246
Basic Details
Property Type : Commercial Sale
Property SubType : Income/multifamily
Listing Type : For Sale
Listing ID : A11739246
Price : $2,049,000
Year Built : 1974
Lot Area : 10,126 Sqft
Building Area : 4,753 Sqft
Status : Active
