848 2nd Ave
Fort Lauderdale, FL 33311
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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
Price History
Source: MLS
Date | Event | Price | Source |
---|---|---|---|
2024-04-10 11:22:58 | For Sale | $1,100,000 | MLS |
2024-01-23 | For Sale | $1,150,000 | MLS |
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