1118 NW 31st Ave, Fort Lauderdale, FL 33311 | MLS A11566588 | Listing Information | Bill Lutts | Align Right Realty Infinity Skip to main content
FOR SALE
$1,750,000

1118 NW 31st Ave
Fort Lauderdale, FL 33311

Multi-Family
Commercial
5,827
Sq. Ft.
0.38
Acre Lot
Courtesy: RE/MAX Advance Realty
Home> Florida> Fort Lauderdale> 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.
A11566588
Commercial - Multi-Family, Other
1956
Broward
0.38 Acres
Brick, Block
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: RE/MAX Advance Realty
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