South Florida
OFF MARKET
Roosevelt Gardens, 1118 NW 31st Ave, Fort Lauderdale, FL 33311
1,750,000(-14.29% )
Details
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Status:
OFF MARKET
Size: 5,827 SqFt (541 m2)
Price: $257/SqFt ($2,771/m2)
Type: Multi Family
Built: 1956
MLS Number: A11566600
On Site: 488 Days
Updated: 298 Days ago
Page Views: 0
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.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: Electric
- Cooling Description: CentralAir, WallWindowUnits
Building and Construction
- Floor Description: Tile
- Year Built: 1956
- Year Built Description: New Construction
- Style: Fourplex
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2024-04-12T09:21:59.000-00:00
Taxes, Fees & More
- Taxes: 12467
Price History
06/03/2024
Date
Price Reduced
Event
$1.5M
Price
-14.29%
Change Rate
$257 ft2 / $2,771 m2
Price Per
05/13/2024
Date
Price Increased
Event
$1.8M
Price
3.06%
Change Rate
$300 ft2 / $3,233 m2
Price Per
05/08/2024
Date
Price Reduced
Event
$1.7M
Price
-2.97%
Change Rate
$291 ft2 / $3,137 m2
Price Per
04/09/2024
Date
Listed
Event
$1.8M
Price
$300 ft2 / $3,233 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Issabella Silverstein • RE/MAX Advance Realty • Buyer Agency Compensation .
Instant Comps
$100/ft²
$200/ft²
$300/ft²
$500/ft²
Unit 1118 NW 31st Ave – Asking
$257/ft²
(-20%) from Closed Medium $/ft²
Closed Medium $/ft²
$323/ft²
Community $/Price Range (Closed) $247/ft² – $361/ft²
No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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