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$1,500,000
$6,000Reward *
1118 NW 31 Av, Fort Lauderdale, FL 33311Listing ID A11566600

1118 NW 31 Av, Fort Lauderdale, FL 33311

Active
ROOSEVELT GARDENS
Last updated: Oct 19, 2024
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Quadruplex
Square Feet
Square Feet
5,827
Days on Site
Days on Site
856
Cooling
Cooling
Central Air, Wall/Window Unit(s)
Heating
Heating
Electric
Year Built
Year Built
1956
Stories
Stories
2

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.

Property Information

Property Details

Location

Address
1118 NW 31 Av
County
Broward
City
Fort Lauderdale
Zip Code
33311
Subdivision
ROOSEVELT GARDENS
MLS Area
3560

Interior Features

Heating and Cooling

Cooling
Central Air, Wall/Window Unit(s)
Heating
Electric

Building

Building Information

Square Feet
5,827
Year Built
1956
Stories
2
Construction
Block
Roof
Flat

Property Taxes

Tax Annual Amount
$12,467
Tax Year
2023
RE/MAX Advance Realty II, (305) 251-2127

Market Report for 33311

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Miami Association of REALTORs
Miami Association of REALTORs logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

For corrections to this data please contact Brytecore MLS Support.

0626609