FL > Fort Lauderdale > Roosevelt Gardens
Fort Lauderdale, FL 33311,1118 NW 31 Av
Fort Lauderdale, FL 33311,1118 NW 31 Av
Fort Lauderdale, FL 33311,1118 NW 31 Av
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$1,500,000
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5,827 SqFt
Active

1118 NW 31 Av Fort Lauderdale, FL 33311

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Anthony Guerriero

Anthony Guerriero

+1(646) 376-8752

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,827 sqft

Price per Sqft $257

Subdivision Roosevelt Gardens

MLS Listing ID A11566600

Style Fourplex

Construction Status New Construction

HOA Y/N No

Year Built 1956

Annual Tax Amount $12,467

Tax Year 2023

Property Sub-Type Quadruplex

Property 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.

Location

State FL

County Broward

Community Roosevelt Gardens

Area 3560

Direction From I-95 continue on Fl-838 w/w Sunrise Blvd. turn right onto NW 31st. Ave. the property will be on the east side of NW 31st. ave. between NW 12 st. and NW 11 st.

Interior

Heating Electric

Cooling Central Air, Wall/Window Unit(s)

Flooring Tile

Exterior

Pool None

Utilities Available Cable Not Available

Roof Type Flat

Private Pool No

Building

Story 2

Sewer Other

Architectural Style Fourplex

Level or Stories Two

Structure Type Block

Construction Status New Construction

Others

Tax ID 494232070290

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11566600

Listed by RE/MAX Advance Realty

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agent

Anthony Guerriero

Broker

+1(646) 376-8752

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1118 NW 31 Av

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