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1118 NW 31st Ave
Fort Lauderdale, FL 33311
Multifamily Property For Sale
·
18 Units
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Grill
About 1118 NW 31ST AVE , FORT LAUDERDALE, FL 33311
A true gem in its original condition performing at a 12% cap rate! This unique 18 unit property features 6-1/1 units and 12-one bedroom units with shared bathrooms on a 17K SqFt lot that offers ample opportunities for redevelopment. Currently performing below market rents, this property offers great income upside potential with renovations needed. Near to major hwys, restaurants, and employers to ensure occupancy. Could be a great idea for a group/adult home. Please do not disturb the tenants. Please call agent for details. From I-95 continue on FL-838 W/W Sunrise Blvd. Turn right onto NW 31st Ave. The property will be on the east side of NW 31st ave between NW 12th St and NW 11th St.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 11 | $700.00 | - |
| 1+1 | 7 | $850.00 | - |
Property Taxes
| Parcel Number | 49-42-32-07-0290 | Improvements Assessment | $208,980 |
| Land Assessment | $232,370 | Total Assessment | $441,350 |
Property Taxes
Parcel Number
49-42-32-07-0290
Land Assessment
$232,370
Improvements Assessment
$208,980
Total Assessment
$441,350
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