1118 NW 31st Ave, Fort Lauderdale FL 33311,Fort Lauderdale,Broward County,Commercial Sale
Commercial Sale
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1118 NW 31st Ave, Fort Lauderdale FL 33311,Fort Lauderdale,Broward County,Commercial Sale
1118 NW 31st Ave, Fort Lauderdale FL 33311
Overview
Property ID: HZA11566588
- Income/MultiFamily
- 1956
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.
Address
Open on Google Maps- Address 31st Ave
- City Fort Lauderdale
- State/county Broward County
- Zip/Postal Code 33311
Details
Updated on October 19, 2024 at 11:09 am- Property ID: HZA11566588
- Price: $1,500,000
- Land Area: 0.38 Square Feet
- Year Built: 1956
- Property Type: Income/MultiFamily
- Property Status: Commercial Sale
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