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.
Accepting backups
$849,500
831 NW 1st Ave, Fort Lauderdale, FL 33311
1beds
1baths
2,423sqft
Est.:
Quadruplex
Built in 1974
-- sqft lot
$-- Zestimate®
$351/sqft
$-- HOA
What's special
Hurricane impact windowsSpacious unit
- 138 days
- on Zillow |
- 35 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: March 25, 2025 at 05:07am
Listed by:
Johnathan Ibarra-Blackmoon 646-241-9551,
Adache LLC
Source: MIAMI,MLS#: A11723168
Originating MLS: A-Miami Association of REALTORS

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
Heating
- Central
Cooling
- Central Air
Features
- Flooring: Tile
- Windows: Complete Impact Glass
Interior area
- Total structure area: 2,423
- Total interior livable area: 2,423 sqft
Video & virtual tour
Property
Parking
- Total spaces: 5
Features
- Stories: 1
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 494234063240
- Zoning: RMM-25
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Concrete Block Construction
- Roof: Shingle
Condition
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Progresso
HOA
- Has HOA: No
Location
- Region: Fort Lauderdale
Financial & listing details
- Price per square foot: $351/sqft
- Annual tax amount: $13,009
- Date on market: 1/13/2025
- Listing terms: All Cash,Conventional,FHA,VA Loan
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