Address Withheld, Fort Lauderdale, FL, 33304

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The hostel, located at 1112 NE 5TH AVE, is a duplex with eight rooms and sixteen beds. It is strategically located a few minutes from Las Olas Boulevard near Fort Lauderdale airport, The Galeria at Fort Lauderdale, Port Everglades, and the Bonnet House. The property is a classic add-value investment, and a savvy investor can significantly increase the return on his investment. Its actual NOI is $93, 696, rendering a Cap Rate of 9.46%. The property is also available without the business for $890, 000 (ONLY THE REAL ESTATE).

Property TypeCommercial
NeighborhoodN/A
CountyBroward
Taxes$7,737
HOA/Condo/Coop Fees$0
Days on Site24 Days
MLS StatusActive
MLS ID NumberA11592284
Home Size Source N/A
Year Built1982
Lot Size0.15 Acres
Full BathsN/A
Partial BathsN/A

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General Features

Zoning RMM-25

Exterior Features

Waterfront Property No

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Monthly Payment (Est.)

$5,243

Address Withheld