1118 NW 31st Ave
Fort Lauderdale, FL 33311
$1,500,000
1 Price Changes
(-$ 250,000)
Active
21+
$1,500,000
Active
Bedrooms
Bathrooms
N/A
Half Baths
Size Sq. Ft.
196
DOM
1118 NW 31st Ave
Fort Lauderdale, FL 33311
Beds, Baths, Multi Family Sq.Ft.
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.
Listing Summary
- Address 1118 NW 31st Ave
- City Fort Lauderdale
- County Broward
- Zip 33311
- Price $1,500,000
- Status Active
- Subdivision
- Pets Allowed No
- MLS® # A11566588
- Property Type Commercial Sale
- Property Sub TypeMulti Family
- Status Active
- Square Feet
- Year Built 1956
- Waterfront No
- Maintenance Fees No Info Provided
- Taxes $12,467
- Tax Year
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The data relating to real estate for sale on this web site comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above (A11566588) is provided courtesy of (RE/MAX Advance Realty). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Data last updated on 04-03-2025. IDX powered by Realty Net Media
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