$1,150,000
Active
$1,150,000
1362 Bayview
Fort Lauderdale, FL 33304
4 bd3 ba2,355 sqft
Grandeur
$975,000324 days on marketActive
848 NW 2nd Avenue, Fort Lauderdale, FL 33311
Fort Lauderdale, FL 33311
1,936
Sq Ft
$504
$/Sq Ft
1972
Year Built
Listing Snapshot
| List Price | $975,000 |
| Price / Sq Ft | $504 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 1,936 sqft |
| Year Built | 1972 |
| Property Tax | $10,779/yr |
| MLS # | 1125604271 |
| Status | Active |
| Days on Market | 324 |
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.
General Features
- Property Type
- ResidentialIncome
- Sub-type
- Quadruplex
- Stories
- 1
- Parking Spaces
- 8
- Zoning
- RMM-25
- Utilities
- CableAvailable
- Subdivision
- PROGRESSO
Interior Features
- Flooring
- Other,Tile,Vinyl
- Heating
- SeparateMeters,WallFurnace
- Cooling
- WallWindowUnits
Exterior Features
- Construction
- Block
- Roof
- BuiltUp,Shingle
- Pool
- No
- Waterfront
- No
Community Features
- MLS Area
- 3810
Schools
ElementaryNorth Side
MiddleSunrise
HighFort Lauderdale
Map
Virtual Tour
View Virtual TourListed by Elior Levi · Fausto Commercial Realty Consultants Inc
MLS# 1125604271 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
MLS# 1125604271 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
Interested in this home?
Schedule a showing or ask a question — buyer representation is free.
Estimate Your Payment
$
20% down · Loan: $780,000
%
Est. Monthly$6,219
Principal & Interest$5,321
Property Tax$898
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.
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