Logo
Estimate
Who We Are
Blog
Light Theme

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

1,936SqFt

Save

Details

Save

Status:
Active
Size: 1,936 SqFt (180 m2)
Price: $542/SqFt ($5,838/m2)
Type: Multi Family
Built: 1972
MLS Number: A11841385
On Site: 33 Days
Updated: 33 Days ago
Page Views: 0
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 $8,200 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.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: WallFurnace
        • Cooling Description: WallWindowUnits
        Building and Construction
        • Floor Description: Other,Tile,Vinyl
        • Year Built: 1972
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2025-08-03T12:22:36.000-00:00
          Taxes, Fees & More
          • Taxes: 10779

          Price History

          07/16/2025

          Date

          Listed

          Event

          $1.1M

          Price

          $542 ft2 / $5,838 m2

          Price Per

          Price per square foot and days on website are not provided values and are calculated by Subdivisions.

          Listed by Elior LeviFausto Commercial Realty Consultants Inc • Buyer Agency Compensation .

          Instant Comps

          $200/ft²
          $300/ft²
          $500/ft²
          $700/ft²

          Unit 848 NW 2nd Ave – Asking

          $542/ft²

          (+42%) from Closed Medium $/ft²

          Closed Medium $/ft²

          $382/ft²
          Community $/Price Range (Closed) $306/ft² – $492/ft²
          No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
          THINKING OF SELLING IN Progresso Village at Fort Lauderdale?

          Request a Comparative Market Analysis (CMA), It's free and comes with no obligation.

          Similar Listings
          Results 0 of 0
          No Listings Found

          We couldn't find any listings in your search area. Try changing your location

          Fort Lauderdale
          Premium Homes & Condos

          Progresso Village Communities in Fort Lauderdale, FL

          Logo

          The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

          Copyright © 2025 Subdivisions.com • All Rights Reserved • Made with ❤ in Miami, Florida.
          HomeSearchEstimateProfile