1118 NW 31 Av, Fort Lauderdale FL 33311

Description

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.

This quadruplex home located at 1118 NW 31 Av, Fort Lauderdale FL 33311 is currently for sale and has been available on Brickellsold for 190 days. This property is listed at $2M. It has N/A beds, N/A bathrooms, and is 5827 square feet. It was built in 1956. 1118 NW 31 Av, Fort Lauderdale FL 33311 is in Fort Lauderdale county Broward County.