1118 31st Ave , for Sale

1118 31st Ave for Sale

Price $1,750,000.00

• Lot size 16598
• Year Build 1956
• Waterfront
• Zip 33311
• Style
• Parking Description
• Pool Yes
• Status Active

Description

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

Please call or text Debbie 305-484-3355 Issabella 305-775-1148.

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

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

City:Fort Lauderdale,Zoning:B-3,List A O R:A-Miami Association of REALTORS,Latitude:26.1385925,List Price:1750000,Listing Id:A11566588,Longitude:-80.1863749,Mls Status:Active,Year Built:1956,Postal Code:33311,Street Name:31st Ave,Coordinates:1:26.1385925,Photos Count:21,Business Type:1:Residential-Multi-Family,Days On Market:3,Lot Size Acres:0.38,Lot Size Units:Square Feet,M I A M I R E_ Area:3070,On Market Date:2024-04-09,Parcel Number:494232070290,Parking Total:20,Property Type:Commercial Sale,Street Number:1118,Public Remarks: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,County Or Parish:Broward County,List Office Name:RE/MAX Advance Realty,Private Remarks:Please call or text Debbie 305-484-3355 Issabella 305-775-1148.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:5640,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:NW,Tax Annual Amount:12467,Unparsed Address:1118 NW 31st Ave, Fort Lauderdale FL 33311,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:5827,Building Area Units:Square Feet,Lot Size Square Feet:16598,Original List Price:1750000,Public Survey Range:49,I D X Participation Y N:1,Syndication Remarks: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,Listing Contract Date:2024-04-09,Originating System I D:miamire,Public Survey Section:32,Street Number Numeric:1118,Tax Legal Description: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,Public Survey Township:49,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:3%,M I A M I R E_ Internet Remarks:Investment opportunity. An Airbnb, motel or multi-family. 16 units: 14 studios, 2 units of one bedroom plus bonus. Multi-family income:,Contract Status Change Date:2024-04-09,Internet Address Display Y N:1,Transaction Broker Compensation:3%,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: 3%, The offer of compensation is made only to participants of the MLS where the listing is filed.,Transaction Broker Compensation Type:%,