848 NW 2nd Ave, Fort Lauderdale, 33311

  • $1,039,000

Listing UP for Sale

Fort Lauderdale

848 NW 2nd Ave, Fort Lauderdale, 33311

Fort Lauderdale

  • $1,039,000

Overview

Property ID: A11748832
  • 6750
  • Lot sqft
  • 1972
  • Year Built

Description

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!

  • Address 848 NW 2nd Ave
  • City Fort Lauderdale
  • State/county Florida
  • Zip/Postal Code 33311
  • Area Broward County

Details

Updated on February 20, 2025 at 11:45 pm
  • Property ID: A11748832
  • Price: $1,039,000
  • Land Area: 6750 sqft
  • Year Built: 1972
  • Property Status: Listing UP for Sale

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