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Multifamily Residential
$1,050,000
848 NW 2nd Ave Fort Lauderdale, FL

A11841391

4 of 123 for Sale
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an agent
  • Listed On:

    Aug 3, 2025
  • Days on Market:

    127
  • Year:

    1972
  • Taxes:

    n/a
  • Floor Description:

    Other, Tile, Vinyl
  • Occupancy:

  • Zoning:

  • Parking:

    Common

848 NW 2nd Ave Fort Lauderdale, FL 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.

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For Sale Details

  • Floor Description

    Other, Tile, Vinyl

  • Heating Description

    Wall/Window Units

  • Parking Description

    Common

  • Photo Count

    20

  • Property Type

    Commercial Sale

  • SqFt Total

    6750

  • Terms Considered

    All Cash, Conventional/Refinance, Owner Will Carry

  • Year Built

    1972

Any questions about Multifamily Residential?
Contact our Fort Lauderdale Real Estate Specialist today.

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