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.
For sale
$1,050,000
848 2nd, Fort Lauderdale, FL 33311
3beds
5baths
1,936sqft
Est.:
Quadruplex
Built in 1972
-- sqft lot
$1,024,800 Zestimate®
$542/sqft
$-- HOA
What's special
- 1 day
- on Zillow |
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- 1 |
Zillow last checked: 7 hours ago
Listing updated: August 03, 2025 at 02:01pm
Listed by:
Elior Levi 954-743-7594,
Fausto Commercial Realty Consultants Inc
Source: MIAMI,MLS#: A11841385
Originating MLS: A-Miami Association of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 5
Heating
- Window/Wall
Cooling
- Wall/Window Unit(s)
Features
- Flooring: Other, Tile, Vinyl
Interior area
- Total structure area: 1,936
- Total interior livable area: 1,936 sqft
Video & virtual tour
Property
Parking
- Total spaces: 8
Features
- Stories: 1
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 494234063450
- Zoning: RMM-25
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Concrete Block Construction, CBS Construction
- Roof: Built-Up,Shingle
Condition
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Progresso
HOA
- Has HOA: No
Location
- Region: Fort Lauderdale
Financial & listing details
- Price per square foot: $542/sqft
- Annual tax amount: $10,779
- Date on market: 8/3/2025
- Listing terms: All Cash,Conventional,Owner Will Carry
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