Commercial listing in Fort Lauderdale For Sale

MLS# A11335183

For Sale

$1,300,000

Days on Market: 8

6,750 ft2 (627 m2)
$193
Days on Market: 657
Listed On: February 9, 2023
Days on Market: 657
Year: 1973
Taxes: 9738 (Yearly)
Parking: Garage Space/s
Description

This legal FIVEPLEX consists of three 1/1 & two Studios. This is a unique property to own in fast developing sub division of Progresso Village, close to downtown Ft Lauderdale. Adjacent to the newly opened popular ‘ALDI’ supermarket & WAWA. On East side are newly built Townhomes. Lot of upcoming new construction nearby. This property is worth its land value many times (zoned RMM-25)! The property is well maintained, tenants are long-term, on yearly leases. FULLY OCCUPIED. The Yearly Rental Gross Income is $74,856 & once all leases renewed in 2023, gross rent to be $85,982. The 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 to accompany offer.

Additional Details
Mls: A11335183
Parcel Number: 494,234,063,450
Property Type: Commercial Sale
Property Subtype: Income/MultiFamily
Business Type: Residential-Multi-Family
Virtual Tour: [VIEW]
Garage Yn: No
Pool Yn: No
Waterfront Yn: No
Attached Yn: No
New Construction Yn: No
Listing Terms: All Cash,Cash,Conventional/Refinance
Association Yn: No
Sqft: 0
Prop Sqft: 6,750
Building Sqft: 1,936
Compass Point: NORTHWEST
Street Number: 848
Street Name: 2nd Ave
Address: 848 NW 2nd Ave, Fort Lauderdale FL 33311
Days On Market: 8
Heating Yn: No
Cooling Yn: Yes
Cooling: Wall/Window Unit(s)
Floor Description: Tile
City: Fort Lauderdale
County: Broward County
State: FL
Zipcode: 33311
Latitude: 26.1348324
Longitude: -80.1458242
Price: 1,300,000
Original Price: 1,300,000
Previous Price: 0
Close Price: 0
Buyer Agency Compensation: 2%
Yearly Taxes: 9,738
Special Listing Conditions: Sale
Year Built: 1,973
Entry Date: 2023-02-09
Status: Active
Major Change Type: New
Sys Date Modified: 2023-02-09
Major Change Date: 2023-02-01
Status Change Date: 2023-02-01
Price Change Date: 2023-01-30
Original Entry Date: 2023-02-01

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