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$2,050,000
For Sale

842 NW 1st Ave,

Broward

Listed on July 5, 2025

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 Type
    Quadruplex
  • Living Area
    4,753 sqft
  • Year Built
    1973
  • Lot Size
    -
  • Stories
    -
  • Annual Tax
    $20,453.00
  • List Date
    7/5/2025
  • Updated
    9/11/2025
  • Last Checked
    Recent
  • MLS Number
    #A11831358
  • Brokerage
    Fausto Commercial Realty Consultants Inc
  • Postal Code
    33311
  • Area
    Broward
  • City
    Fort Lauderdale

Additional Property Features

  • Occupancy
    CallAgent
  • List Price
    $2,050,000.00
  • Unit Number
    -
  • Construction
    Block
  • Heating
    Other
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    No
  • Pets Allowed
    No
  • Air Conditioning
    Other
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    None
  • Patio
    No
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
    –
  • Property Manager
    -
  • Utilities Included
    None
  • Furnished
    No
  • Assessment Year
    2024
  • Assignment
    No
  • Extras Included
    None

Inside

  • Bedrooms & Baths
    0 Bed, 0 Bath
  • Ensuite
    Yes
  • Bathrooms
    0
  • Flooring
    Mixed

Price history

Learn about the price history of 842 NW 1st Ave

Virtual Tour

Take a 3D tour of this property

Real estate trends

View trends of price in Fort Lauderdale over the last 12 months

Explore Broward

Learn about the area around 842 NW 1st Ave

Mortgage Calculator
Estimate monthly payments for 842 NW 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 stunning 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

Miami Association of REALTORS®
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