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Real Estate Brokerage
855.375.4001
Listing Courtesy of: Issabella Silverstein - RE/MAX Advance Realty 305-775-1148
For Sale
$1,500,000 affordable loan icon Calculate Payment

1118 NW 31 Av Fort Lauderdale, FL 33311

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Fourplex Residence
5,827 Sq. Ft.
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Last updated on 4/14/2025 2:44 PM

Listing Details

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. Continue reading
MLS#
A11566600
Property Type
Fourplex
Year Built
1956
Square Feet
5,827 sq. ft
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Listing Courtesy of: Issabella Silverstein - RE/MAX Advance Realty 305-775-1148
Andrea D. Conner, License # BK3437731, Xome Inc., License CQ1043756, AndreaD.Conner@xome.com, 844-400-XOME, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

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