848 Northwest 2nd Avenue
$1,175,000
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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 newly opened popular 'ALDI' supermarket & WAWA. Newly built Townhomes, new construction, rezoning and development all around. 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...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 newly opened popular 'ALDI' supermarket & WAWA. Newly built Townhomes, new construction, rezoning and development all around. 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 for 2022 was $74,856 & for 2023 $85,982. Will continue to GROW! 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 MUST accompany offer!
Listing Agent
Property Details for 848 Northwest 2nd Avenue
Waterfront
No
Area3460
AuctionNo
Num Stories1
LISTING UPDATED: 08/08/2024 09:00 PM
Property Details for 848 Northwest 2nd Avenue
Status | Active |
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MLS # | A11637888 |
Days on Market | 118 |
Taxes | $10,871 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial/Industrial / Income/Multi Family |
Year Built | 1972 |
Lot Size | 0.15 AC / 6,750 SF |
County | Broward County |
Buyer's Agent Compensation | 2% |
Building Information for 848 Northwest 2nd Avenue
Stories-Residences-Year Built1972Building Size-Lot Size0.15 AC / 6,750 SF
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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