831 NW 1st Ave, Fort Lauderdale, 33311

  • $849,500

Buy

Fort Lauderdale

831 NW 1st Ave, Fort Lauderdale, 33311

Fort Lauderdale

  • $849,500

Quick Details

MLS #: A11723168
  • Property Type
  • Quadruplex
  • 2423
  • sqft
  • 1974
  • Year Built

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.

  • Address 831 NW 1st Ave
  • City Fort Lauderdale
  • State/county Florida
  • Zip/Postal Code 33311
  • Area Broward County

Details

  • MLS #: A11723168
  • Price: $849,500
  • Property Size: 2423 sqft
  • Year Built: 1974
  • Property Type: Quadruplex
  • Property Status: Buy
Listed by Johnathan Ibarra-Blackmoon · Adache LLC - Updated on January 14, 2025 at 1:14 am

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For more information about this Quadruplex for Buy currently listed for $849500 located in 831 NW 1st Ave Fort Lauderdale, Florida 33311 please call our real estate office at 1-(305) 728-0840

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