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Image 1 - 1118 Nw 31st Ave, Fort Lauderdale, Florida, 33311 - House for sale
Image 2 - 1118 Nw 31st Ave, Fort Lauderdale, Florida, 33311 - House for sale
Image 3 - 1118 Nw 31st Ave, Fort Lauderdale, Florida, 33311 - House for sale
Image 4 - 1118 Nw 31st Ave, Fort Lauderdale, Florida, 33311 - House for sale
Image 5 - 1118 Nw 31st Ave, Fort Lauderdale, Florida, 33311 - House for sale
Image 6 - 1118 Nw 31st Ave, Fort Lauderdale, Florida, 33311 - House for sale
Image 7 - 1118 Nw 31st Ave, Fort Lauderdale, Florida, 33311 - House for sale
Image 8 - 1118 Nw 31st Ave, Fort Lauderdale, Florida, 33311 - House for sale
Image 9 - 1118 Nw 31st Ave, Fort Lauderdale, Florida, 33311 - House for sale
Home For Sale In Fort Lauderdale, Florida
1118 Nw 31st Ave, Fort Lauderdale, Florida, 33311

Home For Sale In Fort Lauderdale, Florida

house for sale
Listed: 05/26/24

1118 Nw 31st Ave, Fort Lauderdale, Florida, 33311

2 Bed:
16 Bath:
5,827 Sq Ft Living Area:
Save
Price
$ 1,75M

About This House

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, 300month = $218, 400 YEAR / 2one bedrooms$1, 500month = $36, 000 YEAR.Minus expenses: $35, 000 YEAR.TotalNOI: $219, 400 YEAR.Equal 11.2% Cap. Rate.

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Washington Park Housing & Living

Household Income

Median household income: $29,118
Number of households: 500
The average household income in Washington Park, FL declined from $31,484 to $29,118 in the past year. This data is an estimate based upon 500 households in Washington Park, FL.
The chart below presents how household income is distributed in Washington Park, FL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Washington Park, FL compared to median property taxes around the country. The prevalent amount of property taxes in Washington Park, FL equals $800-$1,500 , which is more than the national average.