$1,095,000

848 NW 2nd Ave, Fort Lauderdale, FL 33311, US

Summary

Style: Multi Family
Year Built: 1973

Moving Quotes

primary photo for 848 NW 2nd Ave, Fort Lauderdale, FL 33311, US

Remarks

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!

Details

MLS#: A11706192
Price: $1,095,000

Style: Multi Family
Year Built: 1973

County: Broward
Tax Fee: 10779

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Broker Contact

Compass Florida, LLC
2550 S Bayshore Dr Suite 106
Miami, FL, 33133
US
Adam Vellano
! 305-851-2820
! msaewitz@compass.com
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by MIAMI Association of REALTORS®
Last updated: 2024-12-09T16:00:50.000-05:00.
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