842 NW 1ST AVE # 1-8
FORT LAUDERDALE, FL 33311
$2,099,000
0 Beds
0 Baths
4,753 Sq Ft
Status Active
MLS# F10426987
Two-story, 8 unit (all 1B/1B) opportunity in the booming Progresso & downtown Fort Lauderdale redevelopment district. Re-zoning/assemblage exit strategy with 10,000+ sq. ft. lot on the east side of NW 1st Avenue. Blocks from upcoming 24 & 25 story 1000 unit+ Fat Village East & West. 2000 residential units approved in the immediate 5 block area. Stabilized rents average $1,678 monthly, leased for steady day-one cash flow. Pro-forma rents $1,900+. New front doors, kitchens, exhaust fans, vanities, light fixtures, cabinets & stone counters in the majority of units. All have walk-in closets. 40-year certification completed. Current/pro-forma cash flow & re-development information in attached supplements. Interior video available on request. Text Thomas for fastest response.
Details for 842 NW 1ST AVE # 1-8
Built in 1973
$442 / Sq Ft
10 parking spaces
191 Days on website
0.2325 acres lot
Area Information for 842 NW 1ST AVE # 1-8
