Contacts

Sandra Panesso

The Keyes Company

Property Details

Property Type Multi-Family
Property Size 5,825 SF
Units 8
Additional Rent Contact for pricing
Year Built 1972
Date Updated Dec 9, 2024

Progresso Village, is nestled between Historic Sistrunk and Flagler Village. The neighborhood primarily consist of a mix of industrial warehouses and residential properties that include single family homes, townhouses and small apartment complexes. The suburban community encompasses both baby boomers and new up and coming families. The neighborhood benefits from its central location to downtown Fort Lauderdale and Fort Lauderdale’s (Flagler Arts & Technology) Village. Just steps away is Fat Village, an urban arts district populated with artist studios, galleries, restaurants, bars and shops. The artsy village also has numerous events including the FAT Village Art Walk that takes place on the last Saturday of the month. Progresso Village has seen a surge in new housing, mixed-use projects and commercial development making it one of the most desirable places to live and play.Phenomenal Opportunity to own a 8 unit apartment building in the best location in Fort Lauderdale! The property includes 8 Two Bedroom/1 Bath apts, 13,500 square foot lot, plenty of parking, all units have ceramic tile floors, A/C units, shared laundry, and zoned RMM-25. This property is located in the heart of Progresso Village, adjacent to Flagler Village, and on the East Side of Sistrunk Blvd Redevelopment Opportunity Zone!! Located in the Center of Redevelopment, Brand New Luxury High Rise properties are approved for construction within 1 block. This amazing property can easily generate $195,000 in annual revenue. Most of the units are month to month. This is an exciting opportunity for any savvy investor interested in South Florida's booming real estate market!!

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Highlights

*Great Investment Opportunity, UPSIDE POTENTIAL!
*Blocks to the Bright Line.
*5 minutes to the beach.
*Surrounded by an enormous number of projects gentrifying Andrews Avenue, and the Sistrunk District.
*Progresso is located within the boundaries of the opportunity zone.
*Progresso Village has seen a surge in new housing, mixed-use projects and commercial development making it one of the most desirable places to live.
*Tax benefits that accompany Opportunity Zones (OZ) create a powerful incentive to allocate capital into economically distressed areas.

Getting around

88/100
Walk Score ®
54/100
Transit Score ®
69/100
Bike Score ®

Powered by Walk Score ®

Location

City FORT LAUDERDALE, FL
Neighborhood Progresso Village
Zip Code 33311
Market Fort Lauderdale

Points of Interest

Fort Lauderdale

0.55 miles
Esplanade Park

0.84 miles
River House

1.05 miles
Sheridan Street

7.03 miles

Tesla Supercharger

0.33 miles
Shell

0.52 miles
Sunoco

0.56 miles
Speedway

0.67 miles
7-Eleven

0.70 miles
Mobil

1.21 miles
Marathon

1.36 miles
ChargePoint Charging Station

6.90 miles
Sunrise Town Center

7.20 miles

Arts & Science District Garage

0.75 miles
Publix

1.16 miles
East Parking Lot

1.66 miles
Main Office Parking #2

1.67 miles
Main Office Parking Lot #1

1.69 miles
CVS

1.85 miles
Galleria

1.95 miles
Galleria Parking

2.12 miles
Sebastian Lot (Handicap only)

2.69 miles
Northport Garage

2.85 miles

Tru

0.43 miles
Home2 Suites

0.46 miles
Hampton Inn Ft. Lauderdale/Downtown Las Olas Area

0.51 miles
Courtyard Fort Lauderdale Downtown

0.54 miles
The Dalmar, Fort Lauderdale, a Tribute Portfolio Hotel

0.71 miles
Fairfield Inn & Suites Fort Lauderdale Downtown/Las Olas

0.91 miles
Travelodge Ft. Lauderdale

1.06 miles
Riverside Hotel

1.10 miles
Days Inn by Wyndham Fort Lauderdale Airport Cruise Port

1.34 miles
Clarion Inn Fort Lauderdale

1.68 miles

Aldi

0.32 miles
Winn-Dixie

0.63 miles
The Fresh Market

0.70 miles
Presidente Supermarket

0.70 miles
Pet Supermarket

0.83 miles
Publix

0.86 miles
Macy's

1.95 miles
Walmart Supercenter

1.97 miles
Trader Joe's

2.05 miles
Marshalls

2.09 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.