FOR SALE

1118 31st Ave

Broward, Fort Lauderdale, FL

Asking

$1,500,000

BTC

15.210

ETH

446.87

Year Built
1956
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.

LOADING

Market Area

Broward

Agent

Issabella Silverstein

+1 310 910 1722

Contact Email

[email protected]