$780,000
UNDER CONTRACT $20K PRICE DROP

1539 NW 8th Ave Fort Lauderdale, FL 33311

South Middle River Neighborhood

Estimated payment $5,267/month

Total Views 2,279
-- Bed
-- Bath
2,504 Sq Ft
$312 Price per Sq Ft

Highlights

  • No HOA
  • Vinyl Flooring
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • Heating Available

About This Home

Recently renovated Fourplex offering Tremendous Potential! This modernized fourplex is a true gem, catering to both homeowners and savvy investors. Each unit has 2 bedrooms and 1 bath, complete with remodeled kitchens, culminating in a total of 8 bedrooms and 4 baths. The property is fortified with impact windows, ensuring security and tranquility. Both front units are already rented for $2,000 monthly. The back 2 units are vacant but can be rented for $1,800-$2,000 totaling a monthly gross income of $7,600-$8K! 5 parking spaces so 1 for each unit and the 2 extra spaces can be rented out for extra income. Also coin laundry can be added for extra income as well

Listing Agent

Alexander Novo

Chez Realty, LLC. License #3370351 Listed on: 02/18/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,969

Year Built

  • Built in 1975

Parking

  • 6 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof with Façade front
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,504 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • 4 Units
  • Progresso Condos
  • Progresso Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494234014820

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,969

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1975
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached
  • Directions: google maps
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: PROGRESSO
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • Special Features: 4224
  • Stories: 1

Interior Features

  • Flooring: Vinyl
  • Living Area: 2504
  • Stories: 1

Exterior Features

  • Roof: Flat Roof With Facade Front
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: PROGRESSO
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 494234014820
  • Zoning: RDS-15

Rental Info

  • Rent Includes: Electricity, Hot Water, Gardener, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 13969

Multi Family

  • Number Of Units In Community: 4

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2025 04/22/25 Price Changed $780,000 -2.5% $312 / Sq Ft
02/18/2025 02/18/25 For Sale $800,000 -- $319 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11747279

MIAMI REALTORS® MLS
Florida Broward County Fort Lauderdale 33311 South Middle River

1539 NW 8th Ave, Fort Lauderdale, FL

Under Contract

MultiFamily

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Alexander Novo
Listing Agent
Alexander Novo
Section Image
Chez Realty, LLC.
(754) 325-2153