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.
2,423 Sq Ft
Investment
$13,009 Annual Tax
Built in 1974
MLS/Listing ID A11723168
PROGRESSO
1 Stories
Complete Impact Glass
Listing Courtesy of ADACHE LLC, JOHNATHAN IBARRA-BLACKMOON - 646-241-9551
Source of Data: MIAMI ASSOCIATION OF REALTORS