For saleVirtual tour

$1,039,000

0.16 acresBuilt 1972

848 Nw 2nd AveFort Lauderdale, FL 33311

Commercial property (from the listing description) · MLS 11437631 · Listed 622 days ago (Feb 20, 2025)

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Active: Listed and available according to the MyStateMLS feed.

Other listings at this address

Separate MyStateMLS listings with exactly the same street address. Each is its own offer with its own listing representative; spaces are not assumed to be contiguous or combinable.

ListingOfferSizePrice or rateListed by
This listing (viewing)For sale0.16 acres$1,039,000Compass Florida, LLC
MLS 11395497For sale0.16 acres$1,095,000Compass Florida, LLC

About this property

HOT AREA! This legal FIVEPLEX consists of three 1/1 & two studios. A unique property to own in booming and developing Progresso Village, close to downtown Ft Lauderdale. AirBnB potential, no rental restrictions! Adjacent to the popular 'ALDI' supermarket & WAWA. Newly built Townhomes, new construction, rezoning and development nearby. This property is worth its land value many times (zoned RMM-25)! Well maintained, tenants are long-term, on annual leases. FULLY OCCUPIED. The Yearly Rental Gross Income for 2022 was $74,856 & for 2023 was $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!

Description provided by the listing brokerage.

Key facts

Asking price
$1,039,000
Status
For sale
Property type
Commercial (type not stated)From the listing description
Land area
0.16 acresSource field LotSizeSquareFeet
Year built
1972
MLS number
11437631

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.

Price

Asking price
$1,039,000
Annual taxes
$10,779

Building and site

Stories
1
County
Broward County

Investment figures reported in the description

Occupancy
100% (actual or pro forma not stated)"…long-term, on annual leases. fully occupied. the yearly rental gross inco…"

These figures are as written by the listing agent, without a stated period or supporting statements. Commercial Only does not calculate or verify them. Ask for rent rolls, operating statements and leases before relying on any figure.

Reported features

  • Public water (from a listing field)

A mention is not a specification. Confirm power, clear height, doors, parking and code compliance for your use with the listing representative and your own advisers.

Listing details

Flooring

  • Tile

Roof

  • Tile

Water

  • Public (Water Source)

Virtual tours and video

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Fort Lauderdale.

Why this listing is on Commercial Only

  • MLS property class detail. (PropertyTypeDetail: commercial)

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Price and status history

    Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.

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    Listing courtesy of Compass Florida, LLC · MyStateMLS #12045500

    Photo 1 of 19, commercial property at 848 Nw 2nd Ave, Fort Lauderdale, FL 33311
    For sale

    $1,095,000

    Commercial property

    0.16 acres

    848 Nw 2nd AveFort Lauderdale, FL 33311

    Listing courtesy of Compass Florida, LLC · MyStateMLS #11395497

    Guides

    Listing courtesy of Compass Florida, LLC. Listings provided by MyStateMLS.

    Listing last modified at the source Feb 22, 2025, 12:51 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 8:00 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.