Multifamily in Fort Lauderdale, FL 33311
Progresso Village, 848 NW 2nd Ave

$1.3M6%
$1,175,000
1,936
SqFt
Status
OFF MARKETExpired
Size
1,936 SqFt (180 m2)
Price
$607/SqFt ($6,533/m2)
Type
Multifamily
Built
1973
MLS Number
A11402049
On Site
1187 Days
Updated
1122 Days ago
Page Views
0
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 newly opened popular 'ALDI' supermarket & WAWA. On East side are newly built Townhomes. Lot of upcoming construction nearby. This property is worth its land value many times (zoned RMM-25)! Well maintained, tenants are long-term, on yearly leases. FULLY OCCUPIED. The Yearly Rental Gross Income is $74,856 & once all leases renewed in 2023, gross rent to be $85,982. The 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 to accompany offer

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: WallFurnace
        • Cooling Description: CeilingFans, WallWindowUnits
        Building and Construction
        • Floor Description: Tile
        • Year Built: 1973
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2023-06-12T11:25:30.000-00:00
          Taxes, Fees & More
          • Taxes: 9738

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          Price History

          Current
          $1.2M
          High
          $1.3M
          Low
          $1.2M
          Total Change
          -6%
          $1.3M$1.2M$1.2MJun 23Aug 23
          Date
          Event
          Price
          Change
          Price Per
          08/16/2023
          Price Reduced
          $1.2M
          -6%
          $607 ft2
          $6,533 m2
          06/12/2023
          Listed
          $1.3M
           
          $646 ft2
          $6,950 m2
          08/16/2023
          $1.2M
          Event
          Price Reduced
          Change
          -6%
          Price Per
          $607 ft2
          $6,533 m2
          06/12/2023
          $1.3M
          Event
          Listed
          Price Per
          $646 ft2
          $6,950 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Jessica Laleh • Compass Florida, LLC • Buyer Agency Compensation .

          Listing Location & Street View
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          Scores

          Walk Score®
          Very Walkable. Most errands can be accomplished on foot
          86

          100
          Transit Score®
          Good Transit. Many nearby public transportation options
          51

          100
          Bike Score®
          Bikeable. Some bike infrastructure
          68

          100
          Community Snapshot
          3 – 5 BR
          Bedrooms
          $135K – $2.9M
          Price Tier
          689 - 5,508
          SqFt Range
          2003
          Year Build
          2
          Total Floors

          Subdivision Amenities

          None

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          Progresso Village Communities in Fort Lauderdale, FL