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

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

Building

Story 2

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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