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For Sale231 Days
$1,750,000

1118 31st Ave
Fort Lauderdale, FL 33311

Commercial For Sale
5,827 Sq. Ft.
0.38 Acre Lot
RE/MAX Advance Realty

Description for 1118 31st Ave, Fort Lauderdale, FL 33311

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

Property Details

Listing Details
For Sale
Commercial
Multi-Family
For Sale
A11566588
$1,750,000
04/12/2024
5,827 Sqft
1956
3
20
0626609
Location Information
US
FL
Broward County
Fort Lauderdale
33311
31st Ave
1118
5640
W81° 48' 51.1''
N26° 6' 30.6''
1118 NW 31st Ave
3070
NW
Yes
Garage/Parking
No
No
Interior Features
Fenced
Exterior Features
Brick,Block
WaterFront and WaterAccess
No
Land Info
0.38 Acre
494232070290
Tax Info
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
$12,467
Listing Information
RE/MAX Advance Realty
Issabella Silverstein
549
ADVA02
Sefmiami
$1,750,000
No
Multi Family
Onyx Realty
Debborah Prada

Price History

Source: MLS
DateEventPriceSource
2024-04-12For Sale$1,750,000MLS
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Walk Score

Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Walk Score

4

Bike Score

7

Transit Score

3

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© 2024 Miami Association of REALTORS®. All rights reserved. The information is provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.