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$1,500,000
300 Days On Site
1118 NW 31st AveFort Lauderdale, FL 33311
For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
5,827
SqFt
$257
/SqFt
1956
Built
County:
Broward
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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.
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Listing Snapshot
Price
$1,500,000
Days On Site
300 Days
Bedrooms
N/A
Inside Area (SqFt)
5,827 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.38 Acres
Year Built
1956
MLS® Number
A11566588
Status
Active
Property Tax
$12,467
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 8 months ago | Price changed to $1,500,000 | |
| 8 months ago | Listing updated with changes from the MLS® | |
| 10 months ago | Status changed to Active | |
| 10 months ago | Listing first seen on site |
General Features
Acres
0.38
Parking Spaces
20
Property Sub Type
Multi Family
Security
Security Fence
SqFt Total
5827
Zoning
B-3
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Exterior Features
Construction Details
BrickBlock
Waterfront Features
Canal Access
Community Features
MLS Area
3070
Listing courtesy of RE/MAX Advance Realty
The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2025, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is 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 use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.
The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2025, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is 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 use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.
Neighborhood & Commute
Source: Walkscore
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