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.
Features
: Electric
: Central Air, Wall/window Unit(s)
: Tile
: 1/2 To Less Than 3/4 Acre Lot
: Flat Roof With Facade Front
: Other
Address Map
FL
Broward County
Fort Lauderdale
33311
1118 NW 31 Av
ROOSEVELT GARDENS
0
W81° 48' 49.1''
N26° 8' 18.9''
From I-95 continue on Fl-838 w/w Sunrise Blvd. turn right onto NW 31st. Ave. the property will be on the east side of NW 31st. ave. between NW 12 st. and NW 11 st.
ROOSEVELT GARDENS
MLS Addon
: Other
190
: All Cash, Conventional
: New Construction
: Sewer, Water
2
: Quadruplex, Fourplex
$12,467
2023
B-3
Residential Income For Sale
1118 NW 31 Av, Fort Lauderdale, Florida 33311
5,827 Sqft
$1,500,000
Listing ID #A11566600
Basic Details
Property Type : Residential Income
Property SubType : Quadruplex
Listing Type : For Sale
Listing ID : A11566600
Price : $1,500,000
Square Footage : 5,827 Sqft
Year Built : 1956
Building Area : 5,827 Sqft
Status : Active
