842 NW 1st Ave
$2,049,000
842 NW 1st Ave, Fort Lauderdale, FL 33311
For Sale
Multifamily
Active
Last Updated: 02/12/2025
4,753 sqft
Building Size
8
Units
Details:
Building Size: 4,753 sqft
Units: 8
Year Built: 1974
Floors: 2
Parking Spots: 10
Highlights:
- Parking Features: Common
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
Gallery
