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$1,500,000
22 Days Online
1118 NW 31st Ave Fort Lauderdale, FL 33311
For Sale|Multi-Family|Active
County:
Broward
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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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Listing Snapshot
Price
$1,500,000
Days Online
22 Days
Bedrooms
N/A
Inside Area (SqFt)
5,827 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.38 Acres
Year Built
1956
MLS® Number
A11566588
Status
Active
Property Tax
$12,467
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
2 weeks ago | Listing updated with changes from the MLS® | |
3 weeks ago | Listing first seen online |
General Features
Acreage
0.38
Construction
BrickBlock
Parking Spaces
20
Zoning
B-3
Security
Fenced
Property Sub Type
Multi Family
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Exterior Features
Waterfront Features
Canal Access
Community Features
MLS Area
3070
Security Features
Fenced
Listing courtesy of RE/MAX Advance Realty
The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2024, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.
The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2024, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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