Features
: Security Fence
1
: Canal Width 1-80 Feet
Address Map
FL
Broward County
Fort Lauderdale
33311
1118 NW 31st Ave
1118
0
W81° 48' 49.1''
N26° 8' 18.9''
494232070290
B-3
: Nw
Additional Information
RE/MAX Advance Realty
: Concrete Block With Brick
$12,467
1
56
: Sale
305-775-1148
Property 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 listing is courtesy of Issabella Silverstein at RE/MAX Advance Realty em:SilversteinRealEstate@Outlook.com ph:305-775-1148.
Commercial Sale
1118 NW 31st Ave, Fort Lauderdale, Florida 33311
- Lot Area: 0.38 Acre
$1,500,000
Listing ID#A11566588
Basic Details
Property Type : Commercial Sale
Property Sub Type : Income/multifamily
Listing Type : For Sale
Listing ID : A11566588
Price : $1,500,000
Year Built : 1956
Lot Area : 0.38 Acre
Built up area : 5,827 Sqft
Status : Active
Type of Business : Commercial/residential Income, Residential-multi-family
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