$849,500

831 NW 1st Ave Fort Lauderdale, FL 33311

$10,000
Closing credit¹
2,423 sqft
$351 / sqft
Multi-Family

Property details

About 831 NW 1st Ave

Discover a prime investment opportunity at 831 NW 1st Ave, Fort Lauderdale, a well-maintained 4-unit multifamily property offering steady cash flow and future potential. Each spacious unit averages 600 square feet and generates $1,600 per month in rent, making this property an attractive income-producing asset. The building features hurricane impact windows for added security and durability. Conveniently near downtown Fort Lauderdale, the property is surrounded by significant development, including a site across the street recently rezoned to allow up to 120 feet in height and 150 units per acre. While this zoning doesn’t apply to the subject property, its proximity to such growth enhances the area’s appeal and long-term value.

Highlights

Home typeQuadruplex
HeatingCentral
StatusAccepting Backup Offers
(Active Under Contract)
CoolingCentral Air
Size2,423 sqft
Year built1974
MLS #A11723168

Virtual tour

Summary

  • Flooring Type: Tile
  • Exterior: Security/High Impact Doors
  • Architectural Style: Fourplex
  • Heating: Central
  • Cooling: Central Air
  • List Price: $849,500
  • Price/SqFt: $350
  • Directions: Use GPS
  • Year Built: 1974
  • Stories: 1
  • Living Area: 2,423 SqFt
  • MLS Number: A11723168
  • MLS Name: SEFMIAMI
  • Office Name: Adache LLC
  • Office Phone: (786) 649-0411
  • Office Email: John@adachegrp.com
  • Listing Agent: Johnathan Ibarra-Blackmoon

IDX © 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/5/2025, 4:45:25 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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831 NW 1st Ave, Fort Lauderdale, FL 33311 - view of property exterior

$849,500

831 NW 1st Ave

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

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Nearby schools

5

North Side Elementary School

Public District PK-5

0.3 mi

120 NE 11th St

5

Thurgood Marshall Elementary School

Public Magnet PK-5

0.6 mi

800 NW 13th St

4

Walker Elementary School

Public Magnet PK-5

0.8 mi

1001 NW 4th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $15,814. Typical income of Fort Lauderdale, FL residents is less than $<35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

80%
<35k
19%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

62%
Single, No Kids
23%
Single, with Kids
10%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
6%
12-17 yrs old
26%
18-34 yrs old
50%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • DodgeDodge

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 831 NW 1st Ave

The listing price of 831 NW 1st Ave property is $849,500.

The property 831 NW 1st Ave is a multi located in Fort Lauderdale, Florida, 33311.

Accepting Backup Offers: 831 NW 1st Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 831 NW 1st Ave are: North Side Elementary School (GreatSchools Rating 5/10), Thurgood Marshall Elementary School (GreatSchools Rating 5/10), Walker Elementary School (GreatSchools Rating 4/10), Sunrise Middle School (GreatSchools Rating 5/10), Somerset Academy Village Charter Middle School (GreatSchools Rating 7/10), William Dandy Middle School (GreatSchools Rating 3/10), Sunrise High School (GreatSchools Rating 2/10), Fort Lauderdale High School (GreatSchools Rating 8/10), Pace Center for Girls Inc. (GreatSchools Rating 2/10).

The property 831 NW 1st Ave is 2,423 SqFt (source: MLS/tax record).

The year of construction for 831 NW 1st Ave is 1974.

This home is located at 831 NW 1st Ave in Fort Lauderdale, FL and zip code 33311 in the Progresso Village neighborhood. This 2,423 square foot home was built in 1974. Features: 0 bathroom. It has been listed on Rocket Homes since January 14, 2025 and is currently priced at $849,500.

In May 2025, from all listings sold in Fort Lauderdale, FL there were more than 4 sold above asking price, over 81 sold below and more than 16 were sold right at the asked price. The number of listings in Fort Lauderdale, FL increased by 8% between April and May 2025. In May 2025, listings were on the market for 79 days. During the same period, the median list price in this real estate market was $479,162.

From Rocket Homes Real Estate and based on county public records data.

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