19
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$1,095,000
Est. payment /mo
1,936 SqFt
Active
848 NW 2nd Ave Fort Lauderdale, FL 33311
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UPDATED:
12/09/2024 09:00 PM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,936 sqft
Price per Sqft $565
MLS Listing ID A11706192
HOA Y/N No
Year Built 1973
Annual Tax Amount $10,779
Lot Size 6,750 Sqft
Property 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!
Location
State FL
County Broward
Area 3460
Interior
Cooling Wall/Window Unit(s)
Flooring Tile
Exterior
Roof Type Tile
Building
Story 1
Water Public
Level or Stories One
Structure Type Block
Others
Tax ID 494234063450
Acceptable Financing Cash, Conventional, 1031 Exchange, Other
Listing Terms Cash, Conventional, 1031 Exchange, Other
Listed by Compass Florida, LLC