6930 31st Ave,Other, Triplex, Palm-aire Village 2 Condo

6930 31st Ave, Fort Lauderdale, Florida, 33309

Price $543,000.00

  • Lot size 1150
  • Year Build 1973
  • Waterfront
  • Zip 33309
  • Style Other
  • Parking Description
  • Pool Yes
  • Status Active

Description

Portfolio of 3 Condo units. Two 2/2.5 gated waterfront apartments in in Villas at lakeview. 5200 NW 31 Ave Ft Lauderdale and this 3/1 in Palm Aire. Each rent for $1500 per month. Can be rented slightly higher up to $1600. All three sold as one package. Asking price is for all three Apartments. Water and windstorm included in Condo Assessments Gross income $54,000 Total HOA $12,840 Tax Approx $8300 Net annual income $32,860 Cap rate 6% current rent. 7% pro-forma with market rent increases. All great condition and easy to rent.

Portfolio of 3 Condo units. Two 2/2.5 gated waterfront apartments in in Villas at lakeview. 5200 NW 31 Ave Ft Lauderdale and this 3/1 in Palm Aire. Two units tenant occupied and can be shown only during inspection. Vacant unit in Villas can be shown. Text LA for instructions

NO.2 PALM-AIRE VILLAGE CONDO UNIT A BLDG 13 PER CDO BK/PG: 5169/422

Less Than 1/4 Acre Lot

Portfolio of 3 Condo units. Two 2/2.5 gated waterfront apartments in in Villas at lakeview. 5200 NW 31 Ave Ft Lauderdale and this 3/1 in Palm Aire. Each rent for $1500 per month. Can be rented slightly higher up to $1600. All three sold as one package. Asking price is for all three Apartments. Water and windstorm included in Condo Assessments Gross income $54,000 Total HOA $12,840 Tax Approx $8300 Net annual income $32,860 Cap rate 6% current rent. 7% pro-forma with market rent increases. All great condition and easy to rent.

City:Fort Lauderdale,Zoning:res,List A O R:A-Miami Association of REALTORS,Tax Year:2020,Latitude:26.209115,Malone Id:2094256189,Cooling Y N:1,Heating Y N:1,List Price:543000,Listing Id:A10999553,Longitude:-80.187647,Mls Status:Active,Year Built:1973,Living Area:1150,Postal Code:33309,Street Name:31st Ave,Coordinates:1:26.209115,Photos Count:18,Building Name:PALM-AIRE VILLAGE 2 CONDO,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M L S Area Major:Palm-aire Village 2 Condo,On Market Date:2021-02-15,Parcel Number:494208AB0010,Parking Total:6,Property Type:Residential Income,Rent Includes:1:Sewer,2:Trash Collection,3:Water,Stories Total:1,Street Number:6930,Association Y N:1,M I A M I R E_ Style:Triplex,Public Remarks:Portfolio of 3 Condo units. Two 2/2.5 gated waterfront apartments in in Villas at lakeview. 5200 NW 31 Ave Ft Lauderdale and this 3/1 in Palm Aire. Each rent for $1500 per month. Can be rented slightly higher up to $1600. All three sold as one package. Asking price is for all three Apartments. Water and windstorm included in Condo Assessments Gross income $54,000 Total HOA $12,840 Tax Approx $8300 Net annual income $32,860 Cap rate 6% current rent. 7% pro-forma with market rent increases. All great condition and easy to rent.,Association Fee:424,County Or Parish:Broward County,Expiration Date:2023-03-21,Private Remarks:Portfolio of 3 Condo units. Two 2/2.5 gated waterfront apartments in in Villas at lakeview. 5200 NW 31 Ave Ft Lauderdale and this 3/1 in Palm Aire. Two units tenant occupied and can be shown only during inspection. Vacant unit in Villas can be shown. Text LA for instructions,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:1220,Property Sub Type:Triplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:PALM-AIRE VILLAGE 2 CONDO,Tax Annual Amount:2454,Unparsed Address:6930 NW 31st Ave, Fort Lauderdale FL 33309,Listing Agreement:Exclusive Agency,Year Built Details:Unknown,Building Area Total:1150,Building Area Units:Square Feet,Lot Size Square Feet:1150,M I A M I R E_ L P Amt Sq Ft:472.1739,Original List Price:543000,Public Survey Range:49,Documents Available:1:Deposit - Last Months Rent,2:Deposit - Security,3:Copy Of Lease(S),I D X Participation Y N:1,Number Of Units Total:3,Syndication Remarks:Portfolio of 3 Condo units. Two 2/2.5 gated waterfront apartments in in Villas at lakeview. 5200 NW 31 Ave Ft Lauderdale and this 3/1 in Palm Aire. Each rent for $1500 per month. Can be rented slightly higher up to $1600. All three sold as one package. Asking price is for all three Apartments. Water and windstorm included in Condo Assessments Gross income $54,000 Total HOA $12,840 Tax Approx $8300 Net annual income $32,860 Cap rate 6% current rent. 7% pro-forma with market rent increases. All great condition and easy to rent.,Listing Contract Date:2021-02-15,Originating System I D:miamire,Showing Instructions:See Broker Remarks,Street Number Numeric:6930,Tax Legal Description:NO.2 PALM-AIRE VILLAGE CONDO UNIT A BLDG 13 PER CDO BK/PG: 5169/422,Public Survey Township:49,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:1150,Association Fee Frequency:Monthly,Contract Status Change Date:2021-02-15,Internet Address Display Y N:1,Number Of Units In Community:3,Internet Consumer Comment Y N:1,Transaction Broker Compensation:3%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:472.17,Internet Automated Valuation Display Y N:1,

  • Price $543,000.00
  • Price Change: 2021-02-15
  • Lot size sq. ft.
  • Price per sq.ft.
  • Year Build 1973
  • Waterfront
  • View
  • Pool Yes
  • Style Other
  • Construction Concrete Block Construction
  • Parking Description
  • Flooring Type Wood
  • Property Type Residential Income
  • Status Active
  • Listed 2021-02-15
  • Days on Market 10
  • Furnished
  • City Fort Lauderdale
  • Zip 33309
  • State Florida
  • Subdivision PALM-AIRE VILLAGE 2 CONDO
  • Development Name PALM-AIRE VILLAGE 2 CONDO, Palm-aire Village 2 Condo
  • HOA Fees 424
  • Taxes 2454
  • Taxes Year 2020