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HOT AREA! 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 new 'ALDI' supermarket & WAWA. New Townhomes on east side. Lot of upcoming construction nearby. Property is worth its land value many times (zoned RMM-25)! Well maintained, tenants are on yearly leases. FULLY OCCUPIED. Building has security deposits/last month rent! The Yearly Rental Gross Income for 2022 was $74,856 & for 2023 $85,982. Immense yearly GROWTH! Complex has coin operated Washer & Dryer, generating extra income! Expenses include lawn, water, common electric, insurance & property taxes. Do NOT disturb tenants. POF to show! AS IS. 1031 Exchange Buyers welcome!!
| 4 weeks ago | Listing updated with changes from the MLS® | |
| 4 weeks ago | Price changed to $1,100,000 | |
| 2 months ago | Price changed to $1,125,000 | |
| 3 months ago | Listing first seen online |
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