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842 NW 1st Ave

$2,049,000

842 NW 1st Ave, Fort Lauderdale, FL 33311

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.

Map:
Location
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