848 2nd Ave ,Free Standing, Residential-multi-family for Sale & Rent

848 2nd Ave for Sale & Rent

Price $1,175,000.00

• Lot size 6750
• Year Build 1973
• Waterfront
• Zip 33311
• Style
• Parking Description
• Pool Yes
• Status Active

Description

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. 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.

5th unit is studio leased at $1366/m. All 5 units rented. 3 one bedrooms and 2 studios total, LEGAL FIVEPLEX. Offers must include Proof of Funds. Showing by Appointment only. PLEASE TEXT 786-529-2998 TO SCHEDULE.

PROGRESSO 2-18 D LOT 47,48 BLK 260

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. 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.

City:Fort Lauderdale,Zoning:RMM-25,List A O R:A-Miami Association of REALTORS,Stories:1,Latitude:26.1348324,Cooling Y N:1,Lease Term:Annual Lease,List Price:1175000,Listing Id:A11401365,Longitude:-80.1458242,Mls Status:Active,Year Built:1973,Postal Code:33311,Street Name:2nd Ave,Coordinates:1:26.1348324,Photos Count:30,Days On Market:65,Listing Terms:1:Conventional/Refinance,Lot Size Units:Square Feet,On Market Date:2023-06-12,Parcel Number:494234063450,Parking Total:8,Property Type:Commercial Sale,Stories Total:1,Street Number:848,Public Remarks: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. 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.,County Or Parish:Broward County,Expiration Date:2023-12-31,List Office Name:Compass Florida, LLC,Private Remarks:5th unit is studio leased at $1366/m. All 5 units rented. 3 one bedrooms and 2 studios total, LEGAL FIVEPLEX. Offers must include Proof of Funds. Showing by Appointment only. PLEASE TEXT 786-529-2998 TO SCHEDULE.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:7486,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:NW,Tax Annual Amount:9738,Unparsed Address:848 NW 2nd Ave, Fort Lauderdale FL 33311,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:1936,Building Area Units:Square Feet,Lease Considered Y N:1,Lot Size Square Feet:6750,Original List Price:1250000,Previous List Price:1250000,Public Survey Range:49,Documents Available:1:Owner Managed,2:Photos,3:Rent Rolls,I D X Participation Y N:1,Syndication Remarks: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. 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.,Listing Contract Date:2023-06-12,Originating System I D:miamire,Public Survey Section:34,Showing Instructions:Appointment Only,See Broker Remarks,Street Number Numeric:848,Tax Legal Description:PROGRESSO 2-18 D LOT 47,48 BLK 260,Public Survey Township:49,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:.01%,Contract Status Change Date:2023-06-12,Internet Address Display Y N:1,Number Of Units In Community:5,Internet Consumer Comment Y N:1,Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,Internet Automated Valuation Display Y N:1,