$1,039,000

848 NW 2nd Ave, Fort Lauderdale FL, 33311

Price per sqftN/A

Built in1972

Property typeCommercial

Overview

Active

Updated Aug 21

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!

Additional information

MLS^® ID: 11437631

Interior Features

Bedrooms: 0
Bathrooms: 0
Basement: No

Exterior Features

Lot Size: 0.15 Acres

Other Property Details

Taxes: $10,779
Tax Frequency: Annually

Courtesy of Compass Florida, LLC with ,
Listing Contact:

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