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- 842 NW 1st Ave
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$2,050,000
842 NW 1st Ave,
Broward
Listed on July 5, 2025
Quadruplex
MLS® # A11831358
Quadruplex
MLS® # A11831358
Bedrooms
0 Beds
Bathrooms
0 Baths
Size
$4,753 sqft
Parkings
11
Maintenance Fees
-
Annual Tax
$20,453
Description
Prime 8-unit multifamily in booming Downtown Fort Lauderdale, just off Andrews Ave and Sunrise Blvd in Progresso Village. Fully stabilized with spacious 1-bed/1-bath units featuring modern interiors, impact doors, separate meters, and extensive updates including new kitchens, doors, vanities, light fixtures, cabinets, stone counters, and walk-in closets. Fully leased at $1,750/month on Section 8, providing secure income from day one, with pro forma rents of $1,900+. The 10,000 SF lot (zoned RMM-25 and being rezoned to NW RAC) offers future potential to double the unit count. Rare seller financing at 5.5% interest-only makes this a standout cash flow and redevelopment opportunity in Fort Lauderdale’s fastest-growing corridor.
Fausto Commercial Realty Consultants Inc
Features & Details
Learn about the features and details of 842 NW 1st Ave
Property Details
- Property TypeQuadruplex
- Living Area4,753 sqft
- Year Built1973
- Lot Size-
- Stories-
- Annual Tax$20,453.00
- List Date7/5/2025
- Updated7/8/2025
- Last CheckedRecent
- MLS Number#A11831358
- BrokerageFausto Commercial Realty Consultants Inc
- Postal Code33311
- AreaBroward
- CityFort Lauderdale
Additional Property Features
- OccupancyCallAgent
- List Price$2,050,000.00
- Unit Number-
- ConstructionBlock
- HeatingOther
- Fireplaces-
- Garage-
- Parking TypeNo
- Pets AllowedNo
- Air ConditioningOther
- ElevatorNo
- LockerNo
- Swimming PoolNone
- PatioNo
- BasementNo
- DenNo
- Central VacuumNo
- Garage TypeNo
Additional Listing Information
- Walk Score–
- Property Manager-
- Utilities IncludedNone
- FurnishedNo
- Assessment Year2024
- AssignmentNo
- Extras IncludedNone
Inside
- Bedrooms & Baths0 Bed, 0 Bath
- EnsuiteYes
- Bathrooms0
- FlooringMixed
Price history
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Real estate trends
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Mortgage Calculator
Estimate monthly payments for 842 1st Ave
$0
20.0%
$2,050,000
1%
5.25%
10%
Estimated Monthly Payment
$9,828
Cash Flow Analysis
Mortgage Payment:
$9,827.66
Monthly Payment:
$11,532.08
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.
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About this property
Discover this exceptional quadruplex in the heart of Fort Lauderdale. This well-appointed property offers 4,753 square feet of living space. Originally built in 1973. Offered at $2,050,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.
FAQs About 842 NW 1st Ave
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
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842 NW 1st Ave