820 NW 1 Ave, Fort lauderdale, FL 33311 For Sale

Investment Opportunity – 16-Unit Multifamily Property in Progresso Area

Same lot, comprised of three folios: 494234063141, 494234063142, and 494234063140.
This well-maintained and professionally managed property consists of 16 total apartments, featuring:

• 10 units – 2 Bedrooms / 1 Bathroom

• 4 units – 1 Bedroom / 2 Bathrooms

• 2 units – Large Studios

Current/Updated Rents:

• 2 Bedrooms: $1,200/month

• 1 Bedroom: $1,100/month

• Studios: $1,000/month

Additional income from on-site coin-operated laundry machines.

Located in the up-and-coming Progresso neighborhood, just half a block west of US-1 and a short drive to Fort Lauderdale Beach. The property offers excellent accessibility, strong rental demand, and consistent cash flow potential in one of the most desirable areas for growth in Fort Lauderdale.