1118 NW 31st Ave, Fort Lauderdale, 33311

  • $1,750,000

Listing UP for Sale

Fort Lauderdale

1118 NW 31st Ave, Fort Lauderdale, 33311

Fort Lauderdale

  • $1,750,000

Overview

Property ID: A11566588
  • 16598
  • Lot sqft
  • 1956
  • Year Built

Description

Investment opportunity. An Airbnb, motel or multi-family. 16 units: 14 studios, 2 units of one bedroom plus bonus. Multi-family income: 14 studios: $1,300/monthly + $218,400 ao. 2 units of 1 bedroom $1,500/monthly + $36,000 annual minus $35,000 annual expenses. NOI total: $219,400/annual equals 11.2% cap. rate

  • Address 1118 NW 31st Ave
  • City Fort Lauderdale
  • State/county Florida
  • Zip/Postal Code 33311
  • Area Broward County

Details

Updated on April 13, 2024 at 10:42 am
  • Property ID: A11566588
  • Price: $1,750,000
  • Land Area: 16598 sqft
  • Year Built: 1956
  • Property Status: Listing UP for Sale

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Issabella Silverstein
  • Issabella Silverstein