1118 NW 31 Av
fort lauderdale, FL 33311$1,500,000
INTERESTED? LET'S CONNECT
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.
Details
5,827 Sq Ft
Investment
$12,467 Annual Tax
Built in 1956
MLS/Listing ID A11566600
ROOSEVELT GARDENS
2 Stories
Amenities & Features
Flat Roof with Facade Front
Listing Courtesy of RE/MAX ADVANCE REALTY, ISSABELLA SILVERSTEIN - 305-775-1148
Source of Data: MIAMI ASSOCIATION OF REALTORS