How much is 848 NW 2nd Avenue?

848 NW 2nd Avenue is listed at $975,000, which is about $504 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.

What are the property taxes on 848 NW 2nd Avenue?

The listing reports annual property taxes of $10,779 for 2024. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.

When was 848 NW 2nd Avenue built?

848 NW 2nd Avenue was built in 1972 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.

How long has 848 NW 2nd Avenue been on the market?

848 NW 2nd Avenue has been listed for 347 days, and the asking price has been reduced from $1,050,000. Days on market and price changes are the first signals of how much room there is to negotiate.

Which schools serve 848 NW 2nd Avenue?

The MLS lists North Side (elementary), Sunrise (middle), Fort Lauderdale (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

How do I see 848 NW 2nd Avenue?

Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

848 NW 2nd Avenue, Fort Lauderdale, FL 33311

$975,000 · Closed

0 baths
1,936 sq ft
Quadruplex
Built 1972
MLS# A11841385
Progresso

Photo 1 at 848 NW 2nd Avenue, Fort Lauderdale

About this home

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 for 3 years with 35% down.

Schools

Elementary: North Side
Middle: Sunrise
High: Fort Lauderdale

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Fausto Commercial Realty Consultants Inc · Listing agent: Elior Levi

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 848 NW 2nd Avenue.

Questions About 848 NW 2nd Avenue

How much is 848 NW 2nd Avenue?: 848 NW 2nd Avenue is listed at $975,000, which is about $504 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on 848 NW 2nd Avenue?: The listing reports annual property taxes of $10,779 for 2024. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 848 NW 2nd Avenue built?: 848 NW 2nd Avenue was built in 1972 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 848 NW 2nd Avenue been on the market?: 848 NW 2nd Avenue has been listed for 347 days, and the asking price has been reduced from $1,050,000. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 848 NW 2nd Avenue?: The MLS lists North Side (elementary), Sunrise (middle), Fort Lauderdale (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 848 NW 2nd Avenue?: Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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The home at 203 NW 12TH Avenue 205, Fort Lauderdale, FL 33311 is comparable and listed for sale at $899,000. Other Fort Lauderdale neighborhoods include Rio Vista and Coral Ridge. Nearby ZIP codes include 33301 and 33304. This property also neighbors Oakland Park, Lauderdale-by-the-Sea, and Plantation. Compare it with the Fort Lauderdale housing market report.