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1118 NW 31st Ave

Fort Lauderdale, FL 33311
  • $2,200,000
  • STATUS: Active
  • ON SITE: 55 Days
  • MLS #: A11283986
UPDATED: 46 min ago
$2,200,000
  • 0
    BEDS
  • 0.38
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1956
County:

School Ratings & Info

Description

The Eleven 18 boasts true value-add opportunity to an investor. It's located in a Qualified Opportunity Zone and stands to gain value through renovations of the property. As the property currently sits, there are twenty (20) units, four (4) of which are in shell condition and ready to be renovated. The property has impact windows, a new roof completed on the main building, and interiors in the process of being updated. Eight (8) units share four (4) bathrooms through a common hallway within the main building. There are plans to convert two (2) studio units into a single one bedroom unit and give each remaining studio private bathrooms. *There are currently open permits and violations in place as 4 units are in shell condition. Seller is a GC and can assist in navigating the process.*

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Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' 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. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-11-30T22:51:12.377.
www.bettersouthfloridahomes.com/homes/133687031
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1118 NW 31st Ave Fort Lauderdale, FL 33311

  • Price: $2,200,000
  • Status: Active
  • On Site: 55 Days
  • Updated: 46 min ago
  • MLS #: A11283986
0
Beds
0
Baths
0
½ Baths
0.38
Acres
1956
Built
County:
Broward
Property Description
The Eleven 18 boasts true value-add opportunity to an investor. It's located in a Qualified Opportunity Zone and stands to gain value through renovations of the property. As the property currently sits, there are twenty (20) units, four (4) of which are in shell condition and ready to be renovated. The property has impact windows, a new roof completed on the main building, and interiors in the process of being updated. Eight (8) units share four (4) bathrooms through a common hallway within the main building. There are plans to convert two (2) studio units into a single one bedroom unit and give each remaining studio private bathrooms. *There are currently open permits and violations in place as 4 units are in shell condition. Seller is a GC and can assist in navigating the process.*
Exterior Features

Construction Materials Concrete Block Construction Frontage Length 16636 Inclusions Building & Land Parking Total 20 Pool Private YN No Road Frontage Type City Street View YN No Waterfront YN No

Interior Features

Building Area Total 5827

Property Features

Association YN No Building Name The Eleven 18 Business Type Commercial/Residential IncomeResidential-Multi-Family Horse YN No Listing Terms All CashCash New Construction YN No Public Survey Section 32 Security Features Security Fence Senior Community YN No Special Listing Conditions Sale Tax Annual Amount 11948

Listing courtesy of One Commercial Llc: 305-666-0562.


Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' 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. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-11-30T22:51:12.377.
 
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United Realty Group
1361 Sawgrass Corporate Parkway #200
Sunrise FL, 33323