FL > Fort Lauderdale
Fort Lauderdale, FL 33311,1118 NW 31st Ave
Fort Lauderdale, FL 33311,1118 NW 31st Ave
Fort Lauderdale, FL 33311,1118 NW 31st Ave
Fort Lauderdale, FL 33311,1118 NW 31st Ave
Fort Lauderdale, FL 33311,1118 NW 31st Ave
Fort Lauderdale, FL 33311,1118 NW 31st Ave
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Cameron Scott

Cameron Scott

RE/MAX Consultants Realty I

+1(954) 995-4711
$ 1,500,000
Est. payment | /mo

5,827 SqFt

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$ 1,500,000
Est. payment | /mo
Save Virtual Tour

5,827 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,827 sqft

Price per Sqft $257

MLS Listing ID A11566588

Construction Status Resale

HOA Y/N No

Year Built 1956

Annual Tax Amount $12,467

Lot Size 0.380 Acres

Acres 0.38

Property Sub-Type Multi Family

Property Description

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

State FL

County Broward

Area 3070

Exterior

Waterfront Description Canal Access

Total Parking Spaces 20

Private Pool Yes

Building

Structure Type Brick,Block

Construction Status Resale

Others

Tax ID 494232070290

Security Features Fenced

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11566588

Listed by RE/MAX Advance Realty

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+1(954) 995-4711

cameron@iloverealestate.us

1625 SE 17th St Causeway, Fort Lauderdale, FL, 33316

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