1118 NW 31st Ave, Fort Lauderdale FL 33311
$1,500,000
For Sale
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Income/MultiFamily, Commercial Sale
Details
Overview
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.
This income/multifamily home located at 1118 NW 31st Ave, Fort Lauderdale FL 33311 is currently for sale and has been available on Brickellsold for 193 days. This property is listed at $2M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 1956. 1118 NW 31st Ave, Fort Lauderdale FL 33311 is in Fort Lauderdale county Broward County.
Interior
- Flooring:
- Common walls with other units/homes:
Property
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- Exterior Features:
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Construction
- Year Built: 1956
Community & HOA
- Security Features: Security Fence
- Amenities:
Financial
Metadata
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