Price $1,175,000.00
Listing ID A11401365
Status For Sale
848 NW 2nd Ave, Fort Lauderdale FL 33311
Area Fort Lauderdale
Square Ft
Lot Size 6,750
Year Built 1973
Taxes $9,738


This legal FIVEPLEX consists of three 1/1 & two Studios. A unique property to own in fast developing Progresso Village, close to downtown Ft Lauderdale. AirBnB potential, no rental restrictions! Adjacent to the newly opened popular 'ALDI' supermarket & WAWA. On East side are newly built Townhomes. Lot of upcoming construction nearby. This property is worth its land value many times (zoned RMM-25)! 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. 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.


  • Cooling
  • Heating
  • Fireplace
  • View
  • Waterfront
  • Garage
  • Association

Map Location

Copyright 2020 Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Miami Association of Realtors MLS data last updated on 12/10/2023 1:00:00 AM