How much is 842 NW 1st Avenue?

842 NW 1st Avenue is listed at $1,900,000, which is about $400 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.

What are the property taxes on 842 NW 1st Avenue?

The listing reports annual property taxes of $20,453 for 2024. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.

When was 842 NW 1st Avenue built?

842 NW 1st Avenue was built in 1973 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.

How long has 842 NW 1st Avenue been on the market?

842 NW 1st Avenue has been listed for 376 days, and the asking price has been reduced from $2,050,000. Days on market and price changes are the first signals of how much room there is to negotiate.

Which schools serve 842 NW 1st Avenue?

The MLS lists North Side (elementary), Sunrise (middle), Fort Lauderdale (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

How do I see 842 NW 1st Avenue?

Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

842 NW 1st Avenue, Fort Lauderdale, FL 33311

$1,900,000 · Closed

0 baths
4,753 sq ft
Quadruplex
Built 1973
MLS# A11831358
Progresso

Photo 1 at 842 NW 1st Avenue, Fort Lauderdale

About this home

Rare opportunity to acquire an 8-unit multifamily in Progresso Village, just off Andrews Ave and Sunrise Blvd in Downtown Fort Lauderdale. The property offers eight 1-bed/1-bath units with modern interiors, impact doors, separate meters, and upgrades including new kitchens, stone counters, walk-in closets, vanities, light fixtures, and cabinets. Currently 7 units are leased with 1 recently renovated and vacant, generating $146,568 gross income with upside as rents renew. Sitting on a 10,000 SF lot zoned RMM-25 and in process of rezoning to NW RAC, the site offers potential to double the unit count. With rare seller financing at 5.5% interest-only, this investment delivers strong cash flow and long-term redevelopment potential in one of Fort Lauderdale’s fastest-growing corridors.

Schools

Elementary: North Side
Middle: Sunrise
High: Fort Lauderdale

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Fausto Commercial Realty Consultants Inc · Listing agent: Elior Levi

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 842 NW 1st Avenue.

Questions About 842 NW 1st Avenue

How much is 842 NW 1st Avenue?: 842 NW 1st Avenue is listed at $1,900,000, which is about $400 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on 842 NW 1st Avenue?: The listing reports annual property taxes of $20,453 for 2024. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 842 NW 1st Avenue built?: 842 NW 1st Avenue was built in 1973 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 842 NW 1st Avenue been on the market?: 842 NW 1st Avenue has been listed for 376 days, and the asking price has been reduced from $2,050,000. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 842 NW 1st Avenue?: The MLS lists North Side (elementary), Sunrise (middle), Fort Lauderdale (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 842 NW 1st Avenue?: Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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The home at 615-619 NW 11th Avenue, Fort Lauderdale, FL 33311 is comparable and listed for sale at $1,500,000. Fort Lauderdale neighborhoods include Harbor Beach and Rio Vista. Nearby ZIP codes include 33301 and 33304. This property also neighbors Oakland Park, Lauderdale-by-the-Sea, and Plantation. Compare it with the Fort Lauderdale housing market report.