$2,149,000
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.842 NW 1ST AVE #1-8, FORT LAUDERDALE, FL 33311
Commercial - for Sale
842 NW 1ST AVE #1-8, FORT LAUDERDALE, FL 33311Asking Price$2,149,000
- Year Built 1973
-
Days on market:
93 day(s) Tax Legal Description:
PROGRESSO 2-18 D LOTS 44 THRU 46 BLK 259Tax Year:
2023-
MLS:
F10426987 -
Property Type:
Commercial -
Parking:
Assigned ParkingGuest Parking
Construction Type:
Concrete Block ConstructionFloor Description:
Tile FloorsCarpeted FloorsSewer Description:
Public Sanitation
Description
Similar Properties in this Area
![](https://img.gelfandrealty.com/images/1/51/581290435/581290435_0_mini.jpg)
$2,195,000
1620 NE 12TH TER, FORT LAUDERDALE, FL 33305![South Florida Dredging Co](https://img.gelfandrealty.com/images/1/51/582394789/582394789_0_mini.jpg)
$2,250,000
311 SE 7TH ST, FORT LAUDERDALE, FL 33301![](https://img.gelfandrealty.com/images/2/111/A11462444/A11462444_1_mini.jpeg)
$2,300,000
6785 NW 17TH AVE, FORT LAUDERDALE, FL 33309![](https://img.gelfandrealty.com/images/1/51/581838809/581838809_0_mini.jpg)
$2,385,000
2132-2200 E OAKLAND PARK BLVD, FORT LAUDERDALE, FL 33306![](https://img.gelfandrealty.com/images/1/51/581345735/581345735_0_mini.jpg)
$2,500,000
701 W LAS OLAS BLVD, FORT LAUDERDALE, FL 33312![](https://img.gelfandrealty.com/images/13/5/O6231870/O6231870_1_mini.jpeg)
$2,559,000
4875 NE 20TH, FORT LAUDERDALE, FL 33308![](https://img.gelfandrealty.com/images/1/52/579784273/579784273_0_mini.jpg)
$2,590,000
1411 BAYVIEW DR, FORT LAUDERDALE, FL 33304![Waverly Place 2-19 D](https://img.gelfandrealty.com/images/1/38/543047545/543047545_0_mini.jpg)
$2,650,000
1122 W BROWARD BLVD, FORT LAUDERDALE, FL 33312![](https://img.gelfandrealty.com/images/2/123/A11563857/A11563857_1_mini.jpeg)
$2,750,000
15 NW 9TH AVE, FORT LAUDERDALE, FL 33311![North Lauderdale Amd](https://img.gelfandrealty.com/images/1/51/581726712/581726712_0_mini.jpg)
$2,999,000
418 NE 2ND AVE, FORT LAUDERDALE, FL 33301![](https://img.gelfandrealty.com/images/2/122/A11596248/A11596248_1_mini.jpeg)
$3,000,000
3541 NW 53RD ST, FORT LAUDERDALE, FL 33309![](https://img.gelfandrealty.com/images/2/105/A11432953/A11432953_1_mini.jpeg)
$3,200,000
5410 NW 12TH AVE, FORT LAUDERDALE, FL 33309