848 NW 2nd Ave, Fort Lauderdale, FL 33311

Fort Lauderdale
Local realty services provided by:First Service Realty ERA Powered
848 NW 2nd Ave,Fort Lauderdale, FL 33311
$975,000
Virtual Tour
  • - Beds
  • - Baths
  • 1,936 sq. ft.
  • Multi-family
  • Active
Listed by: elior levi
Office: fausto commercial realty consultants inc786-748-7373
MLS#:A11841385
Source:SEFMLS

Price summary

  • Price:$975,000
  • Price per sq. ft.:$503.62

About this home

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 $8,774 with room for additional upside through future rent increases or improvements, delivering an attractive 8.83% cap rate. 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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1972
  • Listing ID #:A11841385
  • Updated:July 11, 2026 at 11:17 AM

Rooms and interior

  • Flooring:Tile, Vinyl
  • Living area:1,936 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Units
  • Heating:Wall Furnace

Structure and exterior

  • Roof:Built-Up, Shingle
  • Year built:1972
  • Building area:1,936 sq. ft.
  • Architectural Style:Fourplex
  • Construction Materials:Block
  • Levels:1 Story

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$975,000
  • Price per sq. ft.:$503.62
  • Tax amount:$10,779 (2024)

Parking

  • Total parking spaces:8
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

New listings near 848 NW 2nd Ave