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 848 NW 2nd Ave
- City Fort Lauderdale
- County Broward
- Zip 33311
- Price $1,039,000
- Status Active
- Subdivision
- Pets Allowed No
- MLS® # A11748832
- Property Type Commercial Sale
- Property Sub TypeMulti Family
- Status Active
- Square Feet
- Year Built 1972
- Waterfront No
- Maintenance Fees No Info Provided
- Taxes $10,779
- Tax Year