1118 NW 31st Ave, Fort Lauderdale FL 33311

$1 500 000

CONTACT AN AGENT
345 of 345 FOR SALE
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    Legal Description:

    1118 31st Ave, Fort Lauderdale, FL, Broward County, 33311

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    Listed on:

    Feb 22, 2023

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    Occupancy:

    n/a

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    Taxes:

    $12,692 per year

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    Floor Description:

    ---

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    Year Built:

    1956

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    Zoning:

    ---

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    Days on Market:

    92

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    Parking:

    Yes

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    Tax Year:

    2022

1118 31st Ave, Fort Lauderdale, FL, Broward County, 33311

1118 NW 31st Ave, Fort Lauderdale FL 33311

14 APARTMENTS +BONUS (4 MAYBE POSSIBLE ADDITIONAL APARTMENTS)

Investment Opportunity, multifamily, Airbnb, Motel. 16 units (14 studios, 2 one bedrooms) + bonus. (4 shell condition studios with plumbing). Renovated, impact windows, new roof, etc. Minimum potential income as Multifamily: 14 studios $1,300 month = $218,400 YEAR / 2 one bedrooms $1,500 month = $36,000 YEAR. Minus expenses: $35,000 YEAR. Total NOI: $219,400 YEAR. Equal 11.2% Cap. Rate.

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INTERESTED IN THIS LISTING?

Miami Residence will connect you with an agent in a short time.

FOR SALE DETAILS

  • Photo Count
    1
  • Property Type
  • SqFt Total
    5827
  • Terms Considered
    All Cash

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