1118 NW 31 Av
Fort Lauderdale, FL 33311
1118 NW 31 Av
Fort Lauderdale, FL 33311
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.
Property Details
| Price | $1,750,000 |
| Square Feet | 5,827 |
| Taxes | $12,467 / year |
| Subdivision | ROOSEVELT GARDENS |
| Waterfront | No |
| Type | ResidentialIncome |
| Price Per Sq Ft | $300 |
| MLS# | A11566600 |
| Year Built | 1956 |
| Status | Active |
Property Details
| Price | $1,750,000 |
| Square Feet | 5,827 |
| Price Per Sq Ft | $300 |
| MLS# | A11566600 |
| Year Built | 1956 |
| Status | Active |
| Type | Quadruplex |
| Taxes | $12,467 / year |
| Subdivision | ROOSEVELT GARDENS |
| Waterfront | No |
Location
Listing Courtesy of RE/MAX Advance Realty
