Active
848 NW 2nd Ave
Fort Lauderdale FL, 33311
$1,095,000
$565.60 per sqft
Active
1,936 sqft
Commercial
Built in 1973
HOT AREA! This legal FIVEPLEX consists of three 1/1 & two Studios. A unique property to own in booming and developing Progresso Village, close to downtown Ft Lauderdale. AirBnB potential, no rental restrictions! Adjacent to the popular 'ALDI' supermarket & WAWA. Newly built Townhomes, new construction, rezoning and development nearby. This property is worth its land value many times (zoned RMM-25)! Well maintained, tenants are long-term, on annual leases. FULLY OCCUPIED. The Yearly Rental Gross Income for 2022 was $74,856 & for 2023 was $85,982. Will continue to GROW! 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 MUST accompany offer!
A11706192
MLSⓇ ID
December 8, 2024
Listed
December 9, 2024
Updated
Map
848 NW 2nd Ave
Fort Lauderdale FL, 33311
Interior Features
Total Stories
1
Floor Description
Tile
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
No
Exterior/Building Features
Lot Size
0.15 Acres
Roof
Tile Roof
Other Property Details
Taxes
$10,779
Tax Frequency
Annually
Days on Market
1
Garage
No
View
No
County
Broward County
Water Source
Public
Pool
No
Zoning
RMM-25
Listed by: Compass Florida, LLC
Listing Contact: 786-529-2998
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated 9:39 PM UTC, 12/9/2024.