South Florida
Roosevelt Gardens, 1118 NW 31st Ave Fort Lauderdale, 33311
1,750,000(-14.29% )
$1,500,000Price
5,827SqFt
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Size: 5,827 ft2 / 541 m2
Price: $257 ft2 / $2,771 m2
Built: 1956
MLS Number: A11566600
On Site: 223 Days
Updated: 33 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.
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 Comparative Market Analysis
$100/ft²
$100/ft²
$300/ft²
$500/ft²
Unit 1118 NW 31st Ave – Asking
$257/ft²
(-7%) from Closed Medium $/ft²
Closed Medium $/ft²
$277/ft²
Community $/Price Range (Closed) $101/ft² – $361/ft²
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