1. Florida
  2. Fort Lauderdale
  3. 848 NW 2nd Ave
$1,050,000

848 NW 2nd Ave, Fort Lauderdale, FL 33311

  • 1,936 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1972
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $542/sqft
  • Property List Date Icon Listed 1 day ago

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. 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.

Listing Status:
Active
Date Added:
August 3, 2025 at 05:00AM
Listing Office:
Fausto Commercial Realty Consultants Inc : 954-743-7594
Listing Agent:
Elior Levi : 954-743-7594
MLS ID:
A11841385
  • Flooring: OtherTileVinyl
  • A/C: Wall/Window Unit(s)
  • Heating: Window/Wall

This listing courtesy of Elior Levi, Fausto Commercial Realty Consultants Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

N

North Side Elementary School

120 NE 11th St, Fort Lauderdale, FL, 33304

Grades PK-5

0.29 miles away

P

Pace Center for Girls Inc.

2225 N Andrews Ave, Wilton Manors, FL, 33311

Grades 6-12

1.51 miles away

S

Sunrise High School

424 W Sunrise Blvd, Fort Lauderdale, FL, 33311

Grades 9-12

0.21 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listing

848 NW 2nd Ave, Fort Lauderdale, FL 33311New listing icon New - 1 day ago
Multi-Family Home For Sale

$1,050,000

  • 1,936 sqft |
  • 6,534 sqft lot
848 NW 2nd Ave Fort Lauderdale, FL 33311

#A11841391 - Fausto Commercial Realty Consultants Inc