20
848 NW 2nd Ave
$1,050,000 Sale
Listed 19 days ago
· 0
· 0
· 8
· 1936
Key Facts
Key facts for 848 NW 2nd Ave
Property Type
Apartment, Fourplex
Parking
8 parking
MLS #
A11841385
Size
1936 sqft
Basement
-
Listed on
-
Lot size
-
Tax
$10,779 /yr
Days on Market
-
Year Built
1972
Maintenance Fee
-
Description
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 mo...nthly 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.
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Listing courtesy of: Fausto Commercial Realty Consultants Inc