1118 NW 31st Ave, Fort Lauderdale, FL 33311 - MLS A11357274 for Sale

Detailed Information

  • Type: Company

  • Price: $1,950,000

  • Location: Fort Lauderdale, Florida

  • Address: 1118 NW 31st Ave Fort Lauderdale, FL 33311

  • Zip: 33311

  • Size: 5823 square feet

  • Condition: Used

  • For sale by: Broker

  • Agent: RE/MAX Advance Realty

Investment Opportunity, multifamily, Air BNB, 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. Virtual Tour

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