Multifamily in Fort Lauderdale, FL 33311Roosevelt Gardens, 1118 NW 31st Ave
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OFF MARKET
5,827
SqFtStatus
OFF MARKETExpired
Size
5,827 SqFt (541 m2)
Price
$257/SqFt ($2,771/m2)
Type
Multifamily
Built
1956
MLS Number
A11566600
On Site
882 Days
Updated
692 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
Apples-to-Apples Comparables
Price History
Current
$1.5M
High
$1.8M
Low
$1.5M
Total Change
-14.3%Date
Event
Price
Change
Price Per
06/03/2024
Price Reduced
$1.5M
-14.29%$257 ft2
$2,771 m2
05/13/2024
Price Increased
$1.8M
3.06%$300 ft2
$3,233 m2
05/08/2024
Price Reduced
$1.7M
-2.97%$291 ft2
$3,137 m2
04/09/2024
Listed
$1.8M
 $300 ft2
$3,233 m2
06/03/2024
$1.5M
Event
Price Reduced
Change
-14.29%Price Per
$257 ft2
$2,771 m2
05/13/2024
$1.8M
Event
Price Increased
Change
3.06%Price Per
$300 ft2
$3,233 m2
05/08/2024
$1.7M
Event
Price Reduced
Change
-2.97%Price Per
$291 ft2
$3,137 m2
04/09/2024
$1.8M
Event
Listed
Price Per
$300 ft2
$3,233 m2
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 .
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Scores
71
100
58
100
76
100
0
100
31
100
2
100
Community Snapshot
2 – 5 BR
Bedrooms
$285K – $675K
Price Tier
550 - 5,827
SqFt Range
1966
Year Build
1
Total Floors
Subdivision Amenities
None
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