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1118 NW 31st Ave

Fort Lauderdale, FL 33311
  • $1,950,000
  • STATUS: Active
  • ON SITE: 348 Days
  • MLS #: A11357274
UPDATED: 56 min ago
$1,950,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,827
    SQFT
  • $335
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1956
County:

School Ratings & Info

Description

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 potencial 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.

Monthly Payment Calculator



Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2024-02-27T10:51:59.063.
www.villarrealre.com/homes/137733624
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1118 NW 31st Ave Fort Lauderdale, FL 33311

  • Price: $1,950,000
  • Status: Active
  • On Site: 348 Days
  • Updated: 56 min ago
  • MLS #: A11357274
0
Beds
0
Baths
0
½ Baths
N/A
Acres
5,827
SQFT
$335
$/SQFT
1956
Built
Neighborhood:
Roosevelt Gardens
County:
Broward
Area:
Roosevelt Gardens
Property Description
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 potencial 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.
Exterior Features

Architectural Style Other Lot Features 1/2 To Less Than 3/4 Acre Lot Parking Total 0 Pool Private YN No Roof Flat Roof With Facade Front View YN No Waterfront YN No

Interior Features

Adjusted Square Footage 5827 Building Area Total 5827 Cooling Central AirWall/Window Unit(s) Flooring Tile Heating Electric Heating YN Yes Stories 2

Property Features

Association YN No Building Name ROOSEVELT GARDENS Cooling YN Yes Documents Available Other Available Information Horse YN No Listing Terms All CashConventional New Construction YN No Property Condition New Construction Property Sub Type Quadruplex Public Survey Section 32 Rent Includes SewerWater Sewer Other Structure Type QuadruplexFourplex Tax Annual Amount 12467 Tax Year 2022 Type Of Association None Year Built Details New Construction Zoning B-3

Listing courtesy of RE/MAX Advance Realty: .


Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2024-02-27T10:51:59.063.
 
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