Progresso
$1,050,000
848 NW 2nd Ave, Oakland Park, FL 33311
1,936 sqft
Building Size
2
Units
Details:
Highlights:
- Lot Features: Less Than 1/4 Acre Lot
- Documents Available: Other Available Information, Rent Rolls
- Architectural Style: Detached
- Cooling: Wall/Window Unit(s)
- Heating: Window/Wall
- Flooring: Other, Tile, Vinyl
- Construction Materials: Concrete Block Construction, CBS Construction
Description:
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 $8,200 with room for additional upside through future rent increases or improvements. 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.
Location

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