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1118 31st, Fort Lauderdale, FL 33311

Commercial Recently Sold
$0

BTC: 0.00000000

ETH: 0.00000000

Sold on: 2022-09-15
77 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

Great multiplex investment opportunity! 16 units. Minutes from downtown Fort Lauderdale. Potential for 8% cap! 16 units. 14 Studios. 2 1BRs. 8 Occupied - 4/$250/week, 2/$300/week, 2/$350/week. 8 Vacant. Total Gross Income $111,700/year. Operating Expenses $35K/year. NOI = $82600/year. Cap rate is 4% due to vacancies. Potential for 8% w/full occupancy. Rent includes water & FPL. Roof 1 yr old. 14 Parking spots. 14 units w/central air. Access will be provided upon a fully executed contract w/inspection period.

Location

Florida • Fort Lauderdale • 33311 • Commercial • Recently Sold

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1956
Lot:
No Data
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data
All facts and features

  • Other Property Information

    • Parcel Number: 494232070290

    • Zoning: -

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family

  • Other financial information

    • Annual tax amount: $11,948

  • Source details

    • MLS ID: RX-10813120

    Other facts

    • Direction Faces: 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 12th St and NW 11th St.

    • Garage: Yes

    • Subdivision Name: ROOSEVELT GARDENS FIRST ADD

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The multiple listing information is provided by the Beaches MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Beaches MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Keller Williams Realty Services