831 NW 1st Ave, Fort Lauderdale, FL 33311 — MLS photo

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831 NW 1st Ave, Fort Lauderdale, FL 33311

Active · Quadruplex

$999,000

831 NW 1st Ave, Fort Lauderdale, FL 33311

Beds
—
Baths
0
Living area
2,423 sq ft
$ / sq ft
$412/sq ft
Year built
1974
Lot size
—
HOA fee
—
Annual tax
$15,813

About this property

Location location location !!! Ready income fourplex 2 minutes from th Fort Lauderdale downtown and 5 minutes from las Olas Blvd restaurants beach bars and more Growing area with developments around already finished. Only few multifamily in the area don’t miss the opportunity!!!!

Property location

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831 NW 1st Ave, Fort Lauderdale, FL 33311

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Facts & features

Interior

Bathrooms
0
Living area
2,423 sq ft
Flooring
Tile
Cooling
Central Air
Heating
Central

Exterior & Structure

Property type
Quadruplex
Year built
1974
Architectural style
Fourplex
Roof
Shingle
Construction
Block
Exterior features
Patio
Pool
None

Parking

Covered spaces
0

HOA, Community & Financials

Annual tax
$15,813
Subdivision
PROGRESSO
County
Broward
Days on market
280
MLS listing ID
A11932746
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$238

Cap rate
5.4%
Net yield
5.4%
Cash-on-cash return
-1.0%
Gross yield
8.5%
Mortgage payment
$4,736/mo
Down payment
$249,750
Loan amount
$749,250
Annual NOI
$53,971

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.