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Map
$1,284,885*
●
Multifamily -
Off Market
848 NW 2nd Ave
Fort Lauderdale, FL 33311
Studio
0 Bath
1936 Sqft
$1,148,000 - $1,402,000
Reference Base Price*
0.78%
Since Jun 1, 2023
National-US
Primary Model
About This Property
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. On
East side are newly built Townhomes. Lot of upcoming construction
nearby. 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 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.
The manager has listed the unit size as 1936 square feet.
The manager has listed the unit size as 1936 square feet.
Unit Size
1,936Ft²
Days on Market
-
Land Size
-
Price per sqft
$659
Property Type
Multifamily
Property Taxes
$812
HOA Dues
-
Year Built
1972
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 3, 2023 | No longer available | - | |
| No longer available | |||
| Apr 6, 2023 | Price Decreased |
$1,275,000
↓ $25K
(1.9%)
|
|
| Price Decreased | |||
| Jan 25, 2023 | Listed | $1,300,000 | |
| Listed | |||
| Jun 20, 2019 | Sold | $1,184,000 | |
| Sold | |||
Property Highlights
Air Conditioning
Exterior Details
Exterior Information
Block
848 NW 2nd Ave
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Multifamily
Stu
-
2,200 ft²
$500/ft²
$1,100,000
Sep 6, 2023
$1,100,000
Dec 27, 2023
$1,238/mo
Multifamily
Stu
-
1,768 ft²
$594/ft²
$1,050,000
Sep 7, 2023
$1,050,000
Dec 1, 2023
$1,012/mo
Condo
2
Beds
3
Baths
1,869 ft²
$639/ft²
$1,195,000
Sep 28, 2023
$1,195,000
Dec 20, 2023
$2,928/mo
House
4
Beds
3
Baths
1,906 ft²
$745/ft²
$1,420,000
Oct 20, 2023
$1,420,000
Nov 22, 2023
$532/mo
House
3
Beds
2
Baths
2,154 ft²
$601/ft²
$1,295,000
Sep 8, 2023
$1,295,000
Oct 23, 2023
$795/mo
House
2
Beds
2
Baths
1,807 ft²
$592/ft²
$1,070,000
Aug 24, 2023
$1,070,000
Oct 27, 2023
$811/mo
Active
Quadruplex
Stu
-
2,426 ft²
$577/ft²
$1,400,000
Oct 10, 2023
-
$552/mo
Condo
3
Beds
4
Baths
1,990 ft²
$603/ft²
$1,200,000
Dec 7, 2023
-
$2,993/mo
Townhouse
4
Beds
4
Baths
2,076 ft²
$667/ft²
$1,385,000
Nov 29, 2023
-
$1,679/mo
Active
Townhouse
3
Beds
4
Baths
2,042 ft²
$733/ft²
$1,497,000
Jun 16, 2023
-
$1,879/mo
Active
Townhouse
3
Beds
4
Baths
1,838 ft²
$612/ft²
$1,125,000
Sep 28, 2023
-
$890/mo
Active
House
5
Beds
4
Baths
2,120 ft²
$708/ft²
$1,500,000
Jan 10, 2024
-
$848/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
01/25/2023
|
|
Studio
|
-
|
1936 ft²
|
$1,300,000
Studio
-
1936 ft²
|
-
-
|
-
|
Jessica Laleh
Compass Florida, LLC
|
Building Info
848 Northwest 2nd Avenue
848 Northwest 2nd Avenue, Fort Lauderdale, FL 33311
- 1 Unit for Sale
About Central Fort Lauderdale
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