Multi-Family
4,753
SQUARE FEET
Quadruplex
Type
1973
Built
Listing courtesy of
Fausto Commercial Realty Consultants Inc
Elior Levi
MLS® #A11831358
Listing information last updated May 18, 2026
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Overview
This quadruplex in Fort Lauderdale offers 4,753 square feet, and is listed for sale at $1,900,000 (about $400 per square foot). Built in 1973.
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.
Listing history
Price reduced
↓ $150,000 from $2,050,000 · Sep 18, 2025 · MIAMI MLS
$1,900,000
Listed for sale
Jul 5, 2025 · MIAMI MLS
$2,050,000
Days on market
as of today
381 days
Building & financials
FROM MIAMI MLSThe carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.
Annual property tax (2024)
$20,453
Association type
None
FEMA flood zone
AE
Dues, taxes, and association data per MIAMI MLS and public records; flood zone from FEMA NFHL. Verify with the HOA, county, and your insurer during due diligence.
Property details
MLS #A11831358
Price$1,900,000
Size4,753 Square Feet
Year built1973
TypeQuadruplex
StatusFor Sale
Price / Square Feet$400
Flood zoneAE
Features & amenities
Has Cooling System
Has Heating System
Location
842 NW 1st Ave, Fort Lauderdale FL 33311
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List your rental →Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 381 days on market.
We do not advertise a “free” buyer’s agent; buyer-representation compensation is disclosed in writing. Bitcoin pricing is indicative and updates with the market — not financial, tax, or legal advice. Buyer to independently verify all measurements, assessments, and flood & insurance facts.