1118 NW 31st Ave, Fort Lauderdale FL 33311

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$1,500,000

1118 NW 31st Ave, Fort Lauderdale, FL 33311

bedrooms

bathrooms

square feet

Acreage

0.38

Open Houses

year built

1956

Full Baths

Half Baths

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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.

Location
Subdivision	-
County	Broward
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: A11566588

Listing agent: Issabella Silverstein #0626609

Listing broker: Re/Max Advance Realty (305) 251-2127

Copyright © 2024 MIAMI Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Thursday, December 19 2024 at 12:28 p.m. EST

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