Back 831 Northwest 1st Avenue
Off Market

831 Northwest 1st Avenue

Fort Lauderdale FL 33311

5
2423 sq. ft.
Duplex
Last sold for $790,000
Johnathan Ibarra-BlackmoonJohnathan Ibarra-Blackmoon, last sold this property on 12 May 2025 after 118 days on market.

Overview

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.

Features

5 carspaces
2423 sq. ft. floor area
Duplex

Estimated Value

Based on this property and similar duplexes sold in Fort Lauderdale over the last 12 months, the estimated median property value of 831 Northwest 1st Avenue is $512.5k.

Median value
$512.5k
Estimated value range
$1.7k - $1.2m
Median days on market
49
Estimated value trend
-15%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Fort Lauderdale. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 831 Northwest 1st Avenue

2025
Sold
$790,000
12 May 2025 by Johnathan Ibarra-Blackmoon, of Adache LLC
2024
Sold
$830,000
13 May 2024 by Johnathan Ibarra-Blackmoon, of Adache LLC
2015
Sold
$237,894
02 Sep 2015 by Monica Costa, of INMOBILIATA, LLC

Happy sellers in Fort Lauderdale

85%
85% of sellers in Fort Lauderdale reported that their sale price either exceeded or met their price expectations.

Fort Lauderdale stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 20 reviews in Fort Lauderdale over the last 12 months.

Local market activity for duplexes in Fort Lauderdale

In the last 12 months, 54 duplexes similar to 831 Northwest 1st Avenue, have been sold.

This represents a 22% increase in duplexes sales when compared to the previous 12 months.

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