Fort Lauderdale, FL 33311,848 NW 2nd Ave
Fort Lauderdale, FL 33311,848 NW 2nd Ave
Fort Lauderdale, FL 33311,848 NW 2nd Ave
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Thu
29
Jan
Fri
30
Jan
Sat
31
Jan
William Gartin

William Gartin

+1(305) 842-6097
$975,000
Est. payment /mo
1,936 SqFt
Save Virtual Tour

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,936 sqft

Price per Sqft $503

MLS Listing ID A11841391

HOA Y/N No

Year Built 1972

Contingent Pending Inspections

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Multi Family

Property Description

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, delivering an attractive 8.13% 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 for 3 years with 35% down.

Location

State FL

County Broward

Area 3810

Interior

Heating Window Unit, Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Other, Tile, Vinyl

Exterior

Roof Type Built-Up,Shingle

Private Pool Yes

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Block

Others

Tax ID 494234063450

Acceptable Financing Cash, Conventional, Owner May Carry, Other

Listing Terms Cash, Conventional, Owner May Carry, Other

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11841391

Read Less Info
Miami Association of Realtors (SEFMIAMI MLS)
Listed by Fausto Commercial Realty Consultants Inc

NEARBY SCHOOL & BUSINESS

SCHOOLS PROPERTIES
Elementary Schools 20
  • 10

    Bayview Elementary School

    Public | KG - 5

  • 9

    Harbordale Elementary School

    Public | KG - 5

  • 9

    Virginia Shuman Young Elementary School

    Public | PK - 5

  • 7

    Sunland Park Academy

    Public | PK - 3

  • 5

    Croissant Park Elementary School

    Public | KG - 5

  • 5

    Charter School of Excellence

    Public | KG - 5

  • 5

    North Side Elementary School

    Public | PK - 5

  • 5

    Bennett Elementary School

    Public | PK - 5

  • 5

    Wilton Manors Elementary School

    Public | PK - 5

  • 5

    Somerset Village Academy

    Public | KG - 5

  • 5

    Oriole Elementary School

    Public | PK - 5

  • 4

    Riverland Elementary School

    Public | PK - 5

  • 4

    Westwood Heights Elementary School

    Public | PK - 5

  • 4

    North Fork Elementary School

    Public | PK - 5

  • 4

    Rock Island Elementary School

    Public | PK - 5

  • 4

    Lloyd Estates Elementary School

    Public | PK - 5

  • 3

    Dillard Elementary School

    Public | PK - 5

  • 3

    Oakland Park Elementary School

    Public | PK - 5

  • 1

    Walker Elementary School

    Public | PK - 5

  • 1

    Martin Luther King Elementary School

    Public | PK - 5

Middle Schools 10
  • 6

    Somerset Academy Village Charter Middle School

    Public | 6 - 8

  • 4

    New River Middle School

    Public | 6 - 8

  • 4

    Dillard 6-12 School

    Public | 6 - 12

  • 4

    Sunrise Middle School

    Public | 6 - 8

  • 3

    William Dandy Middle School

    Public | 6 - 8

  • 3

    Lauderdale Lakes Middle School

    Public | 6 - 8

  • 0

    Whiddon Rodgers Education Center

    Public | 6 - 12

  • 0

    Inspirations Academy

    Private | 8 - 12

  • 0

    Ivy Academy Middle School

    Public | 6 - 8

  • 0

    Pace Center for Girls, Inc.

    Public | 6 - 12

High Schools 8
  • 6

    Fort Lauderdale High School

    Public | 9 - 12

  • 4

    Stranahan High School

    Public | 9 - 12

  • 1

    Boyd H. Anderson High School

    Public | 9 - 12

  • 0

    Melrose High School

    Public | 9 - 12

  • 0

    St Thomas Aquinas High School

    Private | 9 - 12

  • 0

    Mavericks High of Central Broward County

    Public | 9 - 12

  • 0

    Ivy Academy High School

    Public | 9 - 12

  • 0

    Suned High School

    Public | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

William Gartin

William Gartin

+1(305) 842-6097

Agent | License ID: 3422133

Agent License ID: 3422133

Name

Phone*

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of William Gartin, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

};