842 Northwest 1st Avenue, Unit 18
842 Northwest 1st Avenue, Unit 18
$2,170,000
—
4,753
4,753
$457
Description
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,...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 to be completed before close. Current/pro-forma cash flow & re-development information in attached supplements. Interior video available on request. Text Thomas for fastest response.
Property Details for 842 Northwest 1st Avenue, Unit 18
Waterfront
No
Location
LISTING UPDATED: 05/14/2024 11:12 AM
Property Details for 842 Northwest 1st Avenue, Unit 18
Status | Active |
---|---|
MLS # | F10426987 |
Days on Market | 69 |
Taxes | $17,887 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial/Industrial / Income/Multi-Family |
Year Built | 1973 |
Lot Size | 0.23 AC / 10,126 SF |
County | Broward County |
Location
Building Information for 842 Northwest 1st Avenue, Unit 18
Stories-Residences-Year Built1973Building Size-Lot Size0.23 AC / 10,126 SF
Payment Calculator
$13,333 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 842 Northwest 1st Avenue, Unit 18
Property History for 842 Northwest 1st Avenue, Unit 18
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 842 Northwest 1st Avenue, Unit 18
This home is within Broward.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
North Side Elementary School PublicPK to 5 | ||
Sunrise Middle School Public6 to 8 | ||
Fort Lauderdale High School Public9 to 12 | ||
Sunrise High School Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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