848 NW 2nd Ave, Fort Lauderdale FL 33311,Fort Lauderdale,Broward County,Commercial Sale

  • $1,095,000
848 NW 2nd Ave, Fort Lauderdale FL 33311
Commercial Sale Active
848 NW 2nd Ave, Fort Lauderdale FL 33311,Fort Lauderdale,Broward County,Commercial Sale
848 NW 2nd Ave, Fort Lauderdale FL 33311
  • $1,095,000

Overview

  • Income/MultiFamily
  • Property Type
  • 1973
  • 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 2nd Ave
  • City Fort Lauderdale
  • State/county Broward County
  • Zip/Postal Code 33311

Details

Updated on December 9, 2024 at 11:06 pm
  • Price: $1,095,000
  • Year Built: 1973
  • Property Type: Income/MultiFamily
  • Property Status: Commercial Sale

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