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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.
Miami Residence will connect you with an agent in a short time.
FOR SALE DETAILS
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Photo Count1
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Property Type
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SqFt Total5827
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Terms ConsideredAll Cash
Any questions about Residential Land?
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