Basic Information

  • MLS # A11566588
  • Type Multi Family
  • Status Active
  • Year Built 1956
  • Total Sqft 16,598
  • Date Listed 04/12/2024
  • Days on Market 398
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.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Brick, Block
  • Waterfront Description Canal Access
  • Parking Description
  • Style Multi Family

Interior Features

  • Adjusted Sqft 16,598Sq.Ft
  • Sqft 16,598 Sq.Ft

Property Features

  • Address 1118 NW 31st Ave
  • Aprox. Lot Size 16,598
  • City Fort Lauderdale
  • Construction Materials Brick, Block
  • County Broward
  • Furnished Info no
  • Occupant Type Call Agent
  • Postal City Fort Lauderdale
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $12,467
  • Tax Legal desc R O O S E V E L T G A R D E N S F I R S T A D D27-25 B L O T30,31, L E S S P T D E S C A S, B E G A T N W C O R L O T30, E L Y20.4, S L Y20, S L Y60.03, W L Y20.25, N L Y80 T O P O B& L E
  • Tax Year 0
  • Type of Property Multi Family
  • Year Built Details Resale
  • Waterfront Description Canal Access

1118 NW 31st Ave

Fort Lauderdale, FL 33311

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RE/MAX Advance Realty. tel: 305-444-7111

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