848 NW 2nd Ave, Fort Lauderdale, FL 33311

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$1,039,000

bedrooms

bathrooms

square feet

Acreage

Open Houses

year built

1972

Full Baths

Half Baths

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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!

Location
Subdivision	-
County	Broward
Elementary School	-
Middle School	-
High School	-

Exact location data not provided

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MLS number: A11748832

Listing agent: Jessica Laleh #3318633

Listing broker: Compass Florida Llc (305) 851-2820

Copyright © 2025 MIAMI Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Friday, February 21 2025 at 4:34 p.m. EST

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