831 NW 1st Ave Fort Lauderdale, FL $ 849,500
831 NW 1st Ave
$ 849,500
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831 NW 1st Ave

Fort Lauderdale, FL, 33311
$ 849,500
Bedrooms1 Baths1.0 Sq 2,423

Monthly Estimate*

$ 5,646

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Multi-Family Home for sale in Fort Lauderdale, FL

for $849,500 with 1 bedroom and 1 full bath. This 2,423 square foot home was built in 1974.

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.

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Multi-Family Contingent

Price

$ 849,500

Bedrooms

1

Full Bath

1

Property Type

Multi-Family

Taxes

$ 13,009

Style

Fourplex

Year Built

1974

Town/City

Fort Lauderdale

County/Region

Broward

MLS | Web ID

A11723168

Features
General
Sewer PublicSewer
Heating Central
Cooling CentralAir
Utilities CableAvailable
Possession ClosingAndFunding
Roof Shingle
Architectural Style Fourplex
Pool Features None
Construction Materials Block
Year Built 1974
Stories 1
Levels One
Property Subtype Quadruplex
Tax Year 2024
County Broward
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Contingency 3rd Party Approval
Subdivision Name PROGRESSO
Garage Y/N N
Rent Includes Gardener Sewer TrashCollection Water
Status ActiveUnderContract
Directions Use GPS
City Fort Lauderdale
Senior Community Y/N N
Zoning Description RMM-25
MLS Area 3810
Lot Size Units SquareFeet
Waterfront Y/N N
Carport Y/N N
Electric On Property Y/N N
Listing Terms Cash Conventional FHA VaLoan
Property Attached Y/N N
Year Built Details Effective Year Built
Land Lease Y/N N
Tax Annual Amount 13009.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11723168
Standard Status ActiveUnderContract
Occupancy Type Tenant
Property Sub Type Additional Quadruplex
Legal Description PROGRESSO 2-18 D LOT 7 8 9 LESS S 20.66 BLK 260
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Exterior
Exterior Amenities SecurityHighImpactDoors
Lot Features LessThanQuarterAcre
Total Parking 5.0
Spa N
Building Area Total 2423.0
Private Pool N
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Flooring Tile
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features ImpactGlass
Fireplace Y/N N
Total Baths 0
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Internal Only
Street Number 1 831
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* Excluded Features
List By
Adache Llc

Broker

jibarra@mpgfl.com

Email

Affordability Calculator

$6,730
Per Month
84%
16%
0%
Monthly Principal & Interest
$5,646
Monthly Property Taxes
$1,084
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/13/2025$849,500 Listed Price

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831 NW 1st Ave, Fort Lauderdale, FL, 33311 is a Multi-Family Home for sale at $849,500 with 2,423 sqft. 831 NW 1st Ave has 1 bedrooms, 1.0 baths, and was built in 1974. The property's zip code is 33311 which is in Fort Lauderdale, FL