Overview

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  • Status: Active
  • Parking No info
  • Size: No info
  • Price Per: No info/No info
  • Type: Commercial/Investment
  • Built: 1973
  • HOA: No info
  • MLS Number: F10426987
  • View No info
  • On Site: 34 days
  • Updated: 2 Days Ago
  • Page Views: 0

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.

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Price History

DateEventPriceChange RatePrice Per
06/04/2024Price Reduced$2,149,000.001.0%$212.23 ft2/$2,284.38 m2
05/30/2024Price Reduced$2,170,000.000.1%$214.30 ft2/$2,306.71 m2
05/28/2024Price Increased$2,172,500.000.1%$214.55 ft2/$2,309.36 m2
05/14/2024Price Reduced$2,170,000.001.1%$214.30 ft2/$2,306.71 m2
03/18/2024Listed$2,195,000.00$216.77 ft2/$2,333.28 m2

Features

Property Details for 842 NW 1st Ave Unit 1-8, Fort Lauderdale, FL 33311

Commercial/Investment current status is Active, 842 NW 1st Ave Unit 1-8 is a Commercial/Investment in , Fort Lauderdale, FL 33311 with property MLS ID# F10426987. This Commercial/Investment has been listed on Best of Luxury Realty since May 03, 2024 and is currently priced at 2,149,000. This property was built in 1973.
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Tracey Schmitt
Tracey Schmitt
Real Estate Advisor
Office: (305) 407-1657
Email: tracey@bestofluxuryrealty.com
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
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This property is courtesy of the Sunbelt Investment Properties. This listing has been viewed 0 times. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

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