Commercial Real Estate Property For Sale In Fort Lauderdale

848 2nd Ave Fort Lauderdale, FL 33311
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$1,095,000

  • 1973 Year Built
  • Dec 08, 2024 Listing Date

MLS #

:

A11706192

Price

:

$1,095,000

Status

:

Listing Date

:

Dec 08, 2024

Square Footage

:

Not Available

County

:

Broward County

Square Footage

:

Not Available

Year Built

:

1973

Taxes

:

$10,779 Per Year

Waterfront

:

No

Virtual Tour

:

click here to view virtual tour

 

Remarks

:

HOT AREA! This legal FIVEPLEX consists of three 1/1 & two Studios. A unique property to own in booming and developing Progresso Village, close to downtown Ft Lauderdale. AirBnB potential, no rental restrictions! Adjacent to the popular 'ALDI' supermarket & WAWA. Newly built Townhomes, new construction, rezoning and development nearby. This property is worth its land value many times (zoned RMM-25)! Well maintained, tenants are long-term, on annual leases. FULLY OCCUPIED. The Yearly Rental Gross Income for 2022 was $74,856 & for 2023 was $85,982. Will continue to GROW! 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 MUST accompany offer!

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