1118 NW 31st Ave, Fort Lauderdale, 33311
Listing UP for Sale
1118 NW 31st Ave, Fort Lauderdale, 33311
Overview
Property MLS #: A11347216
- 16598
- Lot sqft
- 1956
- Year Built
Description
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 potencial 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.
Address
Open on Google Maps- Address 1118 NW 31st Ave
- City Fort Lauderdale
- State/county Florida
- Zip/Postal Code 33311
- Area Broward County
Details
Updated on March 11, 2024 at 3:56 pm- Property MLS #: A11347216
- Price: $1,950,000
- Land Area: 16598 sqft
- Year Built: 1956
- Property Status: Listing UP for Sale
Additional details
- Days On Market: 326
- Lot Size: 16598
