848 Northwest 2nd Avenue
848 Northwest 2nd Avenue
$1,100,000
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Listed By Compass
Description
HOT AREA! 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 new 'ALDI' supermarket & WAWA. New Townhomes on east side. Lot of upcoming construction nearby. Property is worth its land value many times (zoned RMM-25)! Well maintained, tenants are on yearly leases. FULLY OCCUPIED. Building has security deposits/last month rent! The Yearly Rental...HOT AREA! 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 new 'ALDI' supermarket & WAWA. New Townhomes on east side. Lot of upcoming construction nearby. Property is worth its land value many times (zoned RMM-25)! Well maintained, tenants are on yearly leases. FULLY OCCUPIED. Building has security deposits/last month rent! The Yearly Rental Gross Income for 2022 was $74,856 & for 2023 $85,982. Immense yearly GROWTH! Complex has coin operated Washer & Dryer, generating extra income!
Expenses include lawn, water, common electric, insurance & property taxes. Do NOT disturb tenants. POF to show! AS IS. 1031 Exchange Buyers welcome!!
Expenses include lawn, water, common electric, insurance & property taxes. Do NOT disturb tenants. POF to show! AS IS. 1031 Exchange Buyers welcome!!
Listing Agent
Property Details for 848 Northwest 2nd Avenue
Waterfront
No
Area3460
AuctionNo
Num Stories1
Year Built DescriptionResale
Location
LISTING UPDATED: 04/08/2024 01:57 PM
Property Details for 848 Northwest 2nd Avenue
Status | Active |
---|---|
MLS # | A11515319 |
Days on Market | 105 |
Taxes | $10,871 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial/Industrial / Income/Multi Family |
Year Built | 1973 |
Lot Size | 0.15 AC / 6,750 SF |
County | Broward County |
Location
Building Information for 848 Northwest 2nd Avenue
Stories-Residences-Year Built1973Building Size-Lot Size0.15 AC / 6,750 SF
Payment Calculator
$6,909 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 848 Northwest 2nd Avenue
Property History for 848 Northwest 2nd Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 848 Northwest 2nd Avenue
Taxable ValueLand$33,750Additions$424,620Total$458,370
Tax Record2023$10,871 ($906 / month)
Home Facts
Total Finished SqFt1,936 SqFtAbove Grade Finished SqFt1,936 SqFtStories1Lot Size6,750 SqFtStyleMulti-Family Dwelling (2-4)Year Built1972Year Renovated1973ZoningRMM-25CountyBROWARDAPN49-42-34-06-3450
Schools near 848 Northwest 2nd Avenue
This home is within Broward.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
North Side Elementary School PublicPK to 5 | ||
Sunrise Middle School Public6 to 8 | ||
Fort Lauderdale High School Public9 to 12 | ||
Sunrise High School Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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