Multi Family at 848 NW 2nd Avenue
848 NW 2nd Avenue, Fort Lauderdale, FL 33311
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!
Nearby Synagogues & Location
Listed on ShulSearch · No fees to inquire
Listed by: Elior Levi 954-743-7594, Fausto Commercial Realty Consultants Inc
Source: MIAMI REALTORS® MLS · MLS# A11841391
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About this 0-bedroom home in Fort Lauderdale
This Fort Lauderdale home sits about 1.08 miles from Chabad of Downtown Fort Lauderdale (Chabad) — roughly a 22-minute walk. On ShulSearch every nearby listing is ranked by walk time to shul, so you can find a home in Fort Lauderdale that's genuinely within walking distance of your community.
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