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Active
$975,000
848 NW 2nd Ave, Fort Lauderdale FL 33311
📍 Fort Lauderdale, FL, 33311
🌿0.15Acres lote
🏗1972Año constr.

Descripción

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 monthly income is $8,774 with room for additional upside through future rent increases or improvements, delivering an attractive 8.83% cap rate. 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!

Detalles de la propiedad

Tipo / Type Commercial Sale
Subtipo / Subtype Income/MultiFamily
Estado / Status Active
Condado / County Broward County
Código postal / ZIP 33311
Año construido / Year built 1972
Terreno / Lot 0.1500 acres
Listing Key 2d8e846e4c6011d746153642fe2be203

Ubicación

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