$1,500,000
Active
74 Days Online
0 Beds0 Baths5,827 SQFT
Active

1118 NW 31 Av Fort Lauderdale, FL 33311

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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 TypeMulti-Family
  • NeighborhoodRoosevelt Gardens
  • CountyBroward
  • Taxes$12,467
  • HOA/Condo/Coop Fees$0
  • Days on Site73 Days
  • MLS StatusActive
  • MLS ID NumberA11566600
  • Home Size Source N/A
  • Year Built1956
  • Lot Size0 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Style Other
  • Parking Spaces 0
  • Sewer Other
  • Number of Stories 22
  • Property Sub Type Quadruplex
  • Zoning B-3
  • Property Condition New Construction

Interior Features

  • Cooling Central AirWall/ Window Unit(s)
  • Heating Electric
  • Flooring Tile

Exterior Features

  • Waterfront Property No
  • Lot 1/2 To Less Than 3/4 Acre Lot

Community Features

  • MLS Area Roosevelt Gardens

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Monthly Payment (Est.)

$7,879
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