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1021 NW 4 Avenue, FL 33311 (MLS# H921248)

1021 NW 4 Avenue, FL 33311

$525,000
Property Type: Commercial Sale Square Footage: 5,223 Status: Closed
Current Price: $525,000 List Date: 10/16/2014 Last Modified: 5/21/2026

Overview

Description

Property consists of 7 lots, 4 folios, 9 units in 3 improvements (5plex, 2plex & SFR w/studio) on NW 4th Ave in Fort Lauderdale. The zoning is RMM-25 with B-1 to the south. It is significant to note that the subject property's rents are well below market value and as such the property offers a significant added value component. The following folios are included: 494234050070; 494234050100; 494234050110; 494234050120. Property receiving new roof (5 Plex) 8 of 9 apartment rents increased $100.

Listing Details MLS# H921248

General Property Information

Number Of Buildings
3
Property Sub Type
Multi Family
Number Of Units Total
9
Price Per Unit
66000
Occupant Type
Tenant
Building Area Main
5223
Year Built
1962
Parking Total
18
Lot Size Area
5223
Lot Size Acres
0.58
Stories Total
Yes

Property Features

Documents Available: Investment Analysis Electric: 110 Volts Flooring: Carpet; Ceramic Tile Location of Property: Central Business District; City Location Parking Features: Common Possession: Negotiable Property Condition: Resale Sale Includes: Land Source Of Expenses: Owner Provided Construction Materials: CBS Cooling: Wall/Window Unit(s) Roof: Composition; Shingle Structure Type: Warehouse Showing Requirements: Showing Service Contingencies: 3rd Party Approval

Contract Information

Comp Sale YN
No
Original List Price
600000

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
1021
Street Direction Prefix
NW
Street Name
4
Street Suffix
Avenue
State Or Province
FL
Postal Code
33311
Area
3390
Geographic Area
FTNW - Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Parcel Number
494234050070
Subdivision Number
5
Zoning
RMM25/B1
Directions
GOOGLE MAP

Financial Information

Tax Assessed/SOH Value
127240
Tax Legal Description
PROGRESSO 2-18 D LOT 13,14,15 BLK 191

Status Change Information

Major Change Timestamp
2016-09-16T17:42:38Z
Major Change Type
Status Change
Price Change Timestamp
2016-03-03T11:51:46Z
Status Change Date
2016-10-11
Under Contract Date
2016-07-28
Close Date
2016-09-16
Close Price
525000
Buyer Financing
Conventional

More Information

Meter Information

Number Of Meters Total
9

Short Sale Details

Short Sale Addendum
No

Income and Expenses

Gross Income
87900
Gross Scheduled Income
71400
Inc/Exp Statement Period
2013
Net Operating Income
31740

Description of Unit Type 1

Units Total
2

Description of Unit Type 2

Units Total
6

Description of Unit Type 3

Units Total
Yes

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
100.52
Original List Price To Close Price
0.87

Section Details

Parcel Number MLX
0070

Originating Details

Originating System Key
101510868
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
FLL

Electric

110 Volts
Yes

Flooring

Carpet
Yes
Ceramic Tile
Yes

Parking Features

Common
Yes

Property Condition

Resale
Yes

Documents Available

Investment Analysis
Yes

Structure Type

Warehouse
Yes

Location of Property

Central Business District
Yes
City Location
Yes

Possession

Negotiable
Yes

Sale Includes

Land
Yes

Construction Materials

CBS
Yes

Roof

Composition
Yes
Shingle
Yes

Source Of Expenses

Owner Provided
Yes

Cooling

Wall/Window Unit(s)
Yes

Showing Requirements

Showing Service
Yes

Contingencies

3rd Party Approval
Yes
Listing Office: Media Realty
IDX
Last Updated: May - 21 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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