1118 NW 31st Ave, 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 income/multifamily home located at 1118 NW 31st Ave, Fort Lauderdale FL 33311 is currently for sale and has been available on Brickellsold for 193 days. This property is listed at $2M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 1956. 1118 NW 31st Ave, Fort Lauderdale FL 33311 is in Fort Lauderdale county Broward County.