$1,050,000
Prime 5-unit multifamily in booming progresso village, just minutes from flagler village, the brightline station, and the beach. fully occupied and cash flowing from day one, the property features three 1-bed/1-bath units and two studios, all rented to long-term tenants—most over 5 years. current monthly income is $8,200 with room for additional upside through future rent increases or improvements. interiors have been lightly updated, and the property includes separate electric meters and low-maintenance operations. zoned rmm-25 with redevelopment potential in one of fort lauderdale’s fastest-growing corridors. rare seller financing offered at 5.5% interest-only for 3 years with 35% down.848 NW 2ND AVE, FORT LAUDERDALE, FL 33311
Income/MultiFamily - for Sale
848 NW 2ND AVE, FORT LAUDERDALE, FL 33311Asking Price$1,050,000
- Lot size 6750sqft
- Year Built 1972
-
Days on market:
47 day(s) Original Price:
$1,050,000Tax Legal Description:
PROGRESSO 2-18 D LOT 47,48 BLK 260-
MLS:
A11841391 -
Property Type:
Income/MultiFamily -
Parking:
Common -
Inclusions:
Building & Land
Lease Term Remaining:
1 To 3 Year LeaseConstruction Type:
Cbs ConstructionConcrete Block ConstructionRoof:
ShingleBuilt-UpCooling Description:
Wall/Window Unit(s)Heating Description:
Wall/Window UnitsFloor Description:
TileOtherVinylSpecial Listing Conditions:
SaleLot Features:
City Location
Description
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