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$1,300,000
57 Days Online

848 NW 2nd Ave
Fort Lauderdale, FL 33311

For Sale|Multi-Family|Active
County:
Broward

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954.229.2222
848 NW 2nd Ave848 NW 2nd Ave848 NW 2nd Ave848 NW 2nd Ave
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This legal FIVEPLEX consists of three 1/1 & two Studios. This is a unique property to own in fast developing sub division of Progresso Village, close to downtown Ft Lauderdale. Adjacent to the newly opened popular ‘ALDI’ supermarket & WAWA. On East side are newly built Townhomes. Lot of upcoming new construction nearby. This property is worth its land value many times (zoned RMM-25)! The property is well maintained, tenants are long-term, on yearly leases. FULLY OCCUPIED. The Yearly Rental Gross Income is $74,856 & once all leases renewed in 2023, gross rent to be $85,982. The Complex has a Laundromat (one Coin washer & Dryer) generating extra income. Expenses include Lawn, Water, common electric, Insurance & Property Taxes. Tenants will NOT be disturbed. Proof of Funds to accompany offer.

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Listing Snapshot
Price 
$1,300,000
Days Online 
57 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,936 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.15 Acres
Year Built 
1973
MLS Number 
A11335183
Status 
Active
Property Tax 
$9,738
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS
2 months agoListing first seen online
General Features
Number Of Stories 
1
Water 
Public
Construction 
Block
Parking Spaces 
8
Number of Stories 
1
Zoning 
RMM-25
Property Sub Type 
Multi Family
Interior Features
Cooling 
Wall Window Units
Flooring 
Tile
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Exterior Features
Roof 
Shingle
Waterfront 
No
Waterfront Property 
No
Community Features
MLS Area 
3460
Listing courtesy of Compass Florida, LLC

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2023, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is 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. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Neighborhood & Commute
Source: Walkscore
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