Property Description
Investment Opportunity, multifamily, AirBNB, Motel. 16 units (14 studios, 2 one bedrooms) + bonus. (4 shell condition studios with plumbing).rnRenovated, impact windows, new roof, etc. rnMinimum potencial income as Multifamily:rn14 studios $1,300 month = $218,400 YEAR / 2 one bedrooms $1,500 month = $36,000 YEAR.rnMinus expenses: $35,000 YEAR.rnTotal NOI: $219,400 YEAR. Equal 11.2% Cap. Rate.
Features
20
Address Map
FL
Broward County
Fort Lauderdale
33311
1118 NW 31st Ave
W81° 48' 49.1''
N26° 8' 18.9''
MLS Addon
1118 NW 31st Ave, Fort Lauderdale, Florida 33311
$1,950,000
16,598 size sq.ft.
Listing ID #A11347216
Basic Details
Property Type Commercial Sale
Listing Type For Sale
Listing ID A11347216
Price $1,950,000
Year Built 1956
Days on Market 326
Building Area 5,827
Status Active
Property SubType Income/multifamily
Lot Area 16,598 Sqft
List Date 2024-01-10
On Market Date 23/02/2023
MiamiInvestrealty
