1118 NW 31st Ave, Fort Lauderdale FL 33311,Fort Lauderdale,Broward County,Commercial Sale

  • $1,750,000
1118 NW 31st Ave, Fort Lauderdale FL 33311

Overview

  • Income/MultiFamily
  • Property Type
  • 1956
  • Year Built

Description

Investment opportunity. An Airbnb, motel or multi-family. 16 units: 14 studios, 2 units of one bedroom plus bonus. Multi-family income: 14 studios: $1,300/monthly + $218,400 ao. 2 units of 1 bedroom $1,500/monthly + $36,000 annual minus $35,000 annual expenses. NOI total: $219,400/annual equals 11.2% cap. rate

Details

Updated on April 12, 2024 at 8:54 pm
  • Price: $1,750,000
  • Land Area: 0.38 Square Feet
  • Year Built: 1956
  • Property Type: Income/MultiFamily
  • Property Status: Commercial Sale

Additional details

  • StreetDirPrefix: NW
  • PublicSurveyRange: 49
  • CoListAgentDirectPhone: 305-484-3355
  • ListAgentKey: 8a78a5eaa327763f0bb2a4ee833706b5
  • TaxLegalDescription: ROOSEVELT GARDENS FIRST ADD 27-25 B LOT 30, 31, LESS PT DESC AS, BEG AT NW COR LOT 30, ELY 20.4, SLY 20, SLY 60.03, WLY 20.25, NLY 80 TO POB & LE
  • OnMarketDate: 2024-04-09
  • ListAgentEmail: SilversteinRealEstate@Outlook.com
  • ContractStatusChangeDate: 2024-04-09
  • MajorChangeTimestamp: 2024-04-12T14:01:04.853Z
  • PhotosCount: 21
  • SubAgencyCompensation: 3%
  • StatusChangeTimestamp: 2024-04-12T14:01:04.853Z
  • SecurityFeatures: Security Fence
  • CoListOfficeName: Onyx Realty
  • PriceChangeTimestamp: 2024-04-10T00:23:58.967Z
  • ListingKeyNumeric: 394330289
  • MajorChangeType: New
  • ListingContractDate: 2024-04-09
  • ListAOR: A-Miami Association of REALTORS
  • TaxAnnualAmount: 12467
  • ListOfficeName: RE/MAX Advance Realty
  • OriginatingSystemKey: miamire
  • BusinessType: Commercial/Residential Income, Residential-Multi-Family
  • DualVariableCompensationYN: no
  • PhotosChangeTimestamp: 2024-04-12T14:06:02.743Z
  • OriginatingSystemName: Miami Association of REALTORS®
  • ListOfficePhone: 305-444-7111
  • MlsStatus: Active
  • StreetNumber: 1118
  • ListingKey: 8e2992b72a104d96559d5e577c4b3b1f
  • StateOrProvince: FL
  • CoListAgentEmail: debborahprada@gmail.com
  • ListOfficeKey: 9b5c37ad941a4b75dc165391c143b4e4
  • BridgeModificationTimestamp: 2024-04-12T14:42:22.350Z
  • ListAgentFullName: Issabella Silverstein
  • ParkingTotal: 20
  • ListAgentOfficePhone: 305-444-7111
  • ParcelNumber: 494232070290
  • OtherExpense: 0
  • CoListAgentOfficePhone: 305-357-4040
  • IDXParticipationYN: yes
  • InternetAddressDisplayYN: yes
  • ListAgentMlsId: 0626609
  • ModificationTimestamp: 2024-04-12T14:01:04.853Z
  • OriginatingSystemID: miamire
  • DaysOnMarket: 3
  • BuyerAgencyCompensationType: %
  • ListOfficeMlsId: ADVA02
  • ListAgentDirectPhone: 305-775-1148
  • CoListAgentFullName: Debborah Prada
  • StreetNumberNumeric: 1118
  • CoListAgentStateLicense: 3321380
  • PostalCodePlus4: 5640
  • NumberOfUnitsInCommunity: 0
  • SyndicationRemarks: Investment opportunity. An Airbnb, motel or multi-family. 16 units: 14 studios, 2 units of one bedroom plus bonus. Multi-family income: 14 studios: $1, 300/monthly + $218, 400 ao. 2 units of 1 bedroom $1, 500/monthly + $36, 000 annual minus $35, 000 annual expenses. NOI total: $219, 400/annual equals 11.2% cap. rate
  • ListAgentStateLicense: 0626609
  • PublicSurveyTownship: 49
  • ListingAgreement: Exclusive Right To Sell
  • PublicSurveySection: 32
  • ListingId: A11566588
  • SpecialListingConditions: Sale
  • OriginalListPrice: 1750000
  • BuildingAreaUnits: Square Feet
  • InternetEntireListingDisplayYN: yes
  • BuyerAgencyCompensation: 3%
  • InternetAutomatedValuationDisplayYN: no
  • OriginalEntryTimestamp: 2024-04-12T14:01:04.853Z
  • SourceSystemKey: 394330289
  • ConstructionMaterials: Concrete Block With Brick
  • LotSizeSquareFeet: 16598
  • InternetConsumerCommentYN: no
  • CoListOfficePhone: 305-357-4040
  • BuildingAreaTotal: 5827
  • Address 31st Ave
  • City Fort Lauderdale
  • State/county Broward County
  • Zip/Postal Code 33311

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