Eric Miller
Cell: 954-383-8170
1118 Nw 31st Ave, Fort Lauderdale
$1,750,000
0 Bed
0 Bath
.38 Acre
0 Garage
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
Essential Information
MLS® #A11566588
Price$1,750,000
Bathrooms0.00
Acres0.38
Year Built1956
TypeCommercial
Sub-TypeMulti Family
StatusActive
Community Information
Address1118 Nw 31st Ave
Area3070
CityFort Lauderdale
CountyBroward County
StateFL
Zip Code33311-5640
Exterior
ConstructionBrick, Block
Additional Information
Date ListedApril 12th, 2024
Days on Market25
Listing Details
Listing Courtesy ofRE/MAX Advance Realty
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