Multifamily For Sale
848 Nw 2nd Ave, Fort Lauderdale, FL 33311

$1,050,000
New For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11841391
  • Virtual Tour: YES
  • List Price: $1,050,000
  • Year Built:1972
  • Listing Date:August 3, 2025
  • Days On Market:5
  • Total Units:5

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.

Features


  • Floor:Other, Tile, Vinyl
  • Exterior Feature:

Location


Request Information
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker