$900,000
Sold · September 21, 2026
848 NW 2nd Avenue
Fort Lauderdale, FL 33311
Explore the area: Fort Lauderdale homes for sale · Broward County real estate
Sale Summary
What this home sold for
- Sold price
- $900,000
- Vs. list price
- 7.7% under
- Days on market
- 347
- Price per sq ft
- N/A
This commercial property in ZIP 33311 sold for $900,000 on September 21, 2026. That was 7.7% below its final list price of $975,000. It first came on the market at $1,050,000, so the price was adjusted before it sold. It spent 347 days on the market.
Listing Snapshot
- Sold Price
- $900,000
- Sold On
- September 21, 2026
- Days on Site
- 347 Days
- Bedrooms
- 0
- Total Baths
- 0
- Total Sq Ft
- 1,936 sqft
- Lot Size
- 0.15 Acres
- Year Built
- 1972
- Property Type
- Commercial
- MLS #
- A11841391
- County
- Broward
- Status
- Sold
About This Property
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!
Virtual TourGeneral Features
- Property Type
- Commercial
- Status
- Sold
- Year Built
- 1972
- Number of Stories
- 1
- Parking
- Common
- Lot Size (Acres)
- 0.15
- Total Sq Ft
- 1,936
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- RMM-25
Interior Features
- Cooling
- Wall Window Units
- Heating
- Wall Furnace
- Flooring
- Other / Tile / Vinyl
Exterior Features
- Construction
- Block
- Roof
- Built Up / Shingle
- Lot Features
- City Lot / Less Than Quarter Acre
Community & HOA
- Financing Terms
- Cash / Conventional / Owner Will Carry / Other
- MLS Area
- 3810
About the Area
Browse Fort Lauderdale homes for sale across every neighborhood and price point in Broward. Available homes span single-family, townhome, and condo segments throughout the city. Fort Lauderdale includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Broward, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Broward market data, see Florida Realtors' monthly statistics. Browse the latest Fort Lauderdale listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 3,582
- Median List Price
- $679,000
- Median $/Sq Ft
- $464
- Avg Days on Market
- 141
Frequently Asked Questions
- How do I schedule a tour of 848 NW 2nd Avenue, Fort Lauderdale, FL 33311?
- Use the Tour button on this listing to request a showing of 848 NW 2nd Avenue, Fort Lauderdale, FL 33311. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 848 NW 2nd Avenue, Fort Lauderdale, FL 33311 still available?
- 848 NW 2nd Avenue, Fort Lauderdale, FL 33311 is currently listed as Sold, and has been on the market 347 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 848 NW 2nd Avenue, Fort Lauderdale, FL 33311?
- With 20% down ($195,000) on the $975,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 848 NW 2nd Avenue, Fort Lauderdale, FL 33311 is about $5,124/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 848 NW 2nd Avenue, Fort Lauderdale, FL 33311?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 848 NW 2nd Avenue, Fort Lauderdale, FL 33311. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 848 NW 2nd Avenue, Fort Lauderdale, FL 33311?
- Often, yes. The right offer on 848 NW 2nd Avenue, Fort Lauderdale, FL 33311 depends on how it's priced against comparable commercial sales in Fort Lauderdale, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Fausto Commercial Realty Consultants Inc
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$900,000
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Listed by Elior Levi, Fausto Commercial Realty Consultants Inc
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Recent Sales
Recently sold homes in ZIP 33311
These are the last 6 recorded closings in ZIP 33311, with the price each home actually sold for rather than what it was listed at. They closed at a median of $302 per square foot. The most recent closed on October 1, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$422,000
Sold · October 1, 2026
3420 NW 5th Court
4 bed · 2 bath · 1,558 sqft · $271/sqft
$28,000 under the asking price
Sold$330,000
Sold · October 1, 2026
2950 NW 20th Street
3 bed · 1 bath · 1,092 sqft · $302/sqft
Sold$300,000
Sold · September 30, 2026
3540 NW 30th Place
2 bed · 2.5 bath · 1,104 sqft · $272/sqft
$12,000 under the asking price
Sold$80,000
Sold · September 30, 2026
2821 Somerset Drive 312
2 bed · 2 bath · 865 sqft · $92/sqft
$10,000 under the asking price
Sold$535,000
Sold · September 29, 2026
2950 Shortleaf Avenue
3 bed · 2 bath · 1,647 sqft · $325/sqft
$34,000 under the asking price
Sold$1,050,000
Sold · September 29, 2026
2919 NW 11TH Terrace
3 bed · 3 bath · 1,836 sqft · $572/sqft
$42,000 under the asking price
See every recorded sale in ZIP 33311 or find out what your ZIP 33311 home is worth.
