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For Sale586 Days
$1,100,000

848 2nd Ave
Fort Lauderdale, FL 33311

Commercial For Sale
1,936 Sq. Ft.
Compass Florida, LLC

Description for 848 2nd Ave, Fort Lauderdale, FL 33311

HOT AREA! This legal FIVEPLEX consists of three 1/1 & two Studios. A unique property to own in fast developing Progresso Village, close to downtown Ft Lauderdale. AirBnB potential, no rental restrictions! Adjacent to the new ‘ALDI’ supermarket & WAWA. New Townhomes on east side. Lot of upcoming construction nearby. Property is worth its land value many times (zoned RMM-25)! Well maintained, tenants are on yearly leases. FULLY OCCUPIED. Building has security deposits/last month rent! The Yearly Rental Gross Income for 2022 was $74,856 & for 2023 $85,982. Immense yearly GROWTH! Complex has coin operated Washer & Dryer, generating extra income!rnExpenses include lawn, water, common electric, insurance & property taxes. Do NOT disturb tenants. POF to show! AS IS. 1031 Exchange Buyers welcome!!

Property Details

Listing Details
For Sale
Commercial
Multi-Family
For Sale
A11515319
$1,100,000
01/23/2024
1,936 Sqft
1973
82
8
3318633
Location Information
US
FL
Broward County
Fort Lauderdale
33311
2nd Ave
848
7486
W81° 51' 15''
N26° 8' 5.4''
848 NW 2nd Ave
3460
NW
Yes
Garage/Parking
No
No
Interior Features
Tile
Exterior Features
Shingle
Block
WaterFront and WaterAccess
No
Land Info
494234063450
Utilities
Wall/window Unit(s)
HOA Info
1
Rental Info
12 Months
Tax Info
PROGRESSO 2-18 D LOT 47,48 BLK 260
$10,871
Listing Information
Compass Florida, LLC
Jessica Laleh
373
COMP03
Sefmiami
$1,150,000
No
Multi Family
Public

Price History

Source: MLS
DateEventPriceSource
2024-04-10 11:22:58For Sale$1,100,000MLS
2024-01-23For Sale$1,150,000MLS
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Walk Score

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Walk Score

4

Bike Score

7

Transit Score

3

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Courtesy of Compass Florida, LLC
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© 2025 Miami Association of REALTORS®. All rights reserved. The information is provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.