1112 NE 5th Ave 1-2, Fort Lauderdale, 33304
Listing UP for Sale
1112 NE 5th Ave 1-2, Fort Lauderdale, 33304
Overview
- 6751
- Lot sqft
- 1982
- Year Built
Description
The hostel, located at 1112 NE 5TH AVE, is a duplex with eight rooms and sixteen beds. It is strategically located a few minutes from Las Olas Boulevard near Fort Lauderdale airport, The Galeria at Fort Lauderdale, Port Everglades, and the Bonnet House. The property is a classic add-value investment, and a savvy investor can significantly increase the return on his investment. Its actual NOI is $93,696, rendering a Cap Rate of 9.46%. The property is also available without the business for $890,000 (ONLY THE REAL ESTATE).
Address
Open on Google Maps- Address 1112 NE 5th Ave 1-2
- City Fort Lauderdale
- State/county Florida
- Zip/Postal Code 33304
- Area Broward County
Details
Updated on June 11, 2024 at 10:58 am- Property ID: A11592284
- Price: $990,000
- Land Area: 6751 sqft
- Year Built: 1982
- Property Status: Listing UP for Sale
Listing Agent Contact Information
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