842 NW 1st Ave, Fort Lauderdale, FL 33311

Prime 8-unit multifamily in booming downtown fort lauderdale, just off andrews ave and sunrise blvd in progresso village. Fully stabilized with spacious 1-bed/1-bath units featuring modern interiors, impact doors, separate meters, and extensive updates including new kitchens, doors, vanities, light fixtures, cabinets, stone counters, and walk-in closets. Fully leased at $1,750/month on section 8, providing secure income from day one, with pro forma rents of $1,900+. The 10,000 sf lot (zoned rmm-25 and being rezoned to nw rac) offers future potential to double the unit count. Rare seller financing at 5.5% interest-only makes this a standout cash flow and redevelopment opportunity in fort lauderdale’s fastest-growing corridor.