Eric Miller
Cell: 954-383-8170
848 Nw 2nd Ave, Fort Lauderdale
$1,100,000
0 Bed
0 Bath
0 Acre
0 Garage
HOT AREA! 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 new 'ALDI' supermarket & WAWA. New Townhomes on east side. Lot of upcoming construction nearby. Property is worth its land value many times (zoned RMM-25)! Well maintained, tenants are on yearly leases. FULLY OCCUPIED. Building has security deposits/last month rent! The Yearly Rental Gross Income for 2022 was $74,856 & for 2023 $85,982. Immense yearly GROWTH! Complex has coin operated Washer & Dryer, generating extra income!
Expenses include lawn, water, common electric, insurance & property taxes. Do NOT disturb tenants. POF to show! AS IS. 1031 Exchange Buyers welcome!!
Essential Information
MLS® #A11515319
Price$1,100,000
Bathrooms0.00
Acres0.00
Year Built1973
TypeCommercial
Sub-TypeMulti Family
StatusActive
Community Information
Address848 Nw 2nd Ave
Area3460
CityFort Lauderdale
CountyBroward County
StateFL
Zip Code33311-7486
Interior
InteriorTile
CoolingWall/Window Unit(s)
# of Stories1
StoriesOne
Exterior
RoofShingle
ConstructionBlock
Additional Information
Date ListedJanuary 23rd, 2024
Days on Market108
Listing Details
Listing Courtesy ofCompass Florida, LLC
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