842 NW 1st Ave Fort Lauderdale FL 33311 MLS #A11831358

There are multiple listings for this address:
842 NW 1st Ave
Fort Lauderdale, FL, 33311
$1,900,000
Beds
0 Baths
4,753 SqFt
0 Acres
Add
MLS #A11831358 image #0
Rare opportunity to acquire an 8-unit multifamily in Progresso Village, just off Andrews Ave and Sunrise Blvd in Downtown Fort Lauderdale. The property offers eight 1-bed/1-bath units with modern interiors, impact doors, separate meters, and upgrades including new kitchens, stone counters, walk-in closets, vanities, light fixtures, and cabinets. Currently 7 units are leased with 1 recently renovated and vacant, generating $146,568 gross income with upside as rents renew. Sitting on a 10,000 SF lot zoned RMM-25 and in process of rezoning to NW RAC, the site offers potential to double the unit count. With rare seller financing at 5.5% interest-only, this investment delivers strong cash flow and long-term redevelopment potential in one of Fort Lauderdale’s fastest-growing corridors.

Property Details

Price:
$1,900,000
MLS #:
A11831358
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Income/MultiFamily
Listed Date:
Jul 5, 2025
Finished Sq Ft:
4,753
Total Sq Ft:
4,753
Year Built:
1973
Apartments

Ask a Question

See this Listing

Send
  

Schools

Interior

Flooring
Other, Tile

Exterior

Construction Materials
Concrete Block Construction, CBS Construction
Parking Features
Common
Roof
Other, Shingle
Stories
2

Financial

Taxes
$20,453

Map

Community

Subdivisions in Fort Lauderdale

Market Summary

Current real estate data for Multi Family in Fort Lauderdale as of Apr 29, 2026
80
Multi Family Listed
144
Avg DOM
429
Avg $ / SqFt
$1,124,027
Avg List Price

Property Summary

    842 NW 1st Ave Fort Lauderdale FL is a Multi Family for sale in Fort Lauderdale, FL, 33311. It is listed for $1,900,000 To schedule a showing of MLS#a11831358 at 842 NW 1st Ave in Fort Lauderdale, FL, contact your CENTURY 21 Carioti agent at 2392986550.

Similar Listings Nearby

broker reciprocity
MLS# A11959199broker reciprocity
847 SW 29th St
Fort Lauderdale, FL

$1,850,000

3.2 miles away

broker reciprocity
MLS# A11902800broker reciprocity
926 – 932 NW 2nd St
Fort Lauderdale, FL

$1,800,000

1.0 miles away

broker reciprocity
MLS# A11872283broker reciprocity
811-817 NW 3rd Ave
Fort Lauderdale, FL

$1,675,000

0.2 miles away

broker reciprocity
MLS# A11927594broker reciprocity
3932 SW 12th Pl
Fort Lauderdale, FL

$1,545,000

4.0 miles away

broker reciprocity
MLS# A11832384broker reciprocity
505 SE 20th St
Fort Lauderdale, FL

$1,490,000

2.7 miles away

842 NW 1st Ave
Fort Lauderdale, FL
842 NW 1st Ave
Fort Lauderdale, FL, 33311
$1,900,000
Beds
0 Baths
0 SqFt
0.23 Acres
Add
MLS #A11831403 image #0
Rare opportunity to acquire an 8-unit multifamily in Progresso Village, just off Andrews Ave and Sunrise Blvd in Downtown Fort Lauderdale. The property offers eight 1-bed/1-bath units with modern interiors, impact doors, separate meters, and upgrades including new kitchens, stone counters, walk-in closets, vanities, light fixtures, and cabinets. Currently 7 units are leased with 1 recently renovated and vacant, generating $146,568 gross income with upside as rents renew. Sitting on a 10,000 SF lot zoned RMM-25 and in process of rezoning to NW RAC, the site offers potential to double the unit count. With rare seller financing at 5.5% interest-only, this investment delivers strong cash flow and long-term redevelopment potential in one of Fort Lauderdale’s fastest-growing corridors.

Property Details

Price:
$1,900,000
MLS #:
A11831403
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Income/MultiFamily
Listed Date:
Jul 5, 2025
Total Sq Ft:
4,753
Lot Size:
10,126 sqft / 0.23 acres (approx)
Year Built:
1973
Apartments

Ask a Question

See this Listing

Send
  

Schools

Interior

Flooring
Other, Tile

Exterior

Construction Materials
Concrete Block Construction, CBS Construction
Parking Features
Common
Roof
Other, Shingle
Stories
2

Financial

Taxes
$20,453

Map

Community

Subdivisions in Fort Lauderdale

Market Summary

Current real estate data for Commercial in Fort Lauderdale as of Apr 29, 2026
80
Commercial Listed
144
Avg DOM
429
Avg $ / SqFt
$1,124,027
Avg List Price

Property Summary

    842 NW 1st Ave Fort Lauderdale FL is a Commercial for sale in Fort Lauderdale, FL, 33311. It is listed for $1,900,000 To schedule a showing of MLS#a11831403 at 842 NW 1st Ave in Fort Lauderdale, FL, contact your CENTURY 21 Carioti agent at 2392986550.

Similar Listings Nearby

broker reciprocity
MLS# A11932090broker reciprocity
3560 NW 10th Ave
Oakland Park, FL

$2,300,000

2.6 miles away

broker reciprocity
MLS# A11923542broker reciprocity
2500 Wilton Dr
Wilton Manors, FL

$2,299,000

1.8 miles away

broker reciprocity
MLS# A11948614broker reciprocity
1730 NE 7th St # 5
Fort Lauderdale, FL

$2,249,000

1.3 miles away

broker reciprocity
MLS# A11958701broker reciprocity
2748 NE 32nd St # 7
Fort Lauderdale, FL

$2,200,000

3.2 miles away

broker reciprocity
MLS# A11977975broker reciprocity
1210 NE 8th Ave
Fort Lauderdale, FL

$2,198,672

0.7 miles away

broker reciprocity
MLS# A11601546broker reciprocity
4343 N Andrews Ave
Oakland Park, FL

$2,150,000

3.1 miles away