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$1,500,000

1118 NW 31st Ave Fort Lauderdale, FL 33311

5,827 sqft
$257 / sqft
Multi-Family

Property details

About 1118 NW 31st Ave

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.

Highlights

Home typeQuadruplex
HeatingElectric
StatusActive
CoolingCentral Air, Wall/Window Unit(s)
Size5,827 sqft
Year built1956
MLS #A11566600

Virtual tour

Summary

  • Flooring Type: Tile
  • Architectural Style: Fourplex
  • Heating: Electric
  • Cooling: Central Air, Wall/Window Unit(s)
  • List Price: $1,500,000
  • Price/SqFt: $257
  • Directions: From I-95 continue on Fl-838 w/w Sunrise Blvd. turn right onto NW 31st. Ave. the property will be on the east side of NW 31st. ave. between NW 12 st. and NW 11 st.
  • Year Built: 1956
  • Stories: 2
  • Living Area: 5,827 SqFt
  • MLS Number: A11566600
  • MLS Name: SEFMIAMI
  • Office Name: RE/MAX Advance Realty
  • Office Phone: (305) 444-7111
  • Office Email: anthony@askaskowitz.com
  • Listing Agent: Issabella Silverstein

IDX © 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/29/2025, 9:45:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

6

Larkdale Elementary School

Public District PK-5

0.2 mi

3250 NW 12th Pl

3

Martin Luther King Elementary School

Public Magnet PK-5

0.7 mi

591 NW 31st Ave

2

Dillard Elementary School

Public District PK-5

0.8 mi

2330 NW 12th Ct

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $32,264. The majority of Fort Lauderdale, FL residents have income less than $<35k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

54%
<35k
40%
35k-100k
5%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

44%
Single, No Kids
35%
Single, with Kids
8%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
12%
12-17 yrs old
23%
18-34 yrs old
38%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • Foot LockerFoot Locker
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Little CaesarsLittle Caesars
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • KiaKia
  • DodgeDodge
  • NissanNissan

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1118 NW 31st Ave

The listing price of 1118 NW 31st Ave property is $1,500,000.

The property 1118 NW 31st Ave is a multi located in Fort Lauderdale, Florida, 33311.

Active Listing: 1118 NW 31st Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1118 NW 31st Ave are: Larkdale Elementary School (GreatSchools Rating 6/10), Martin Luther King Elementary School (GreatSchools Rating 3/10), Dillard Elementary School (GreatSchools Rating 2/10), Parkway Middle School (GreatSchools Rating 3/10), William Dandy Middle School (GreatSchools Rating 3/10), Lauderhill 6-12 School (GreatSchools Rating 4/10), Dillard 6-12 School (GreatSchools Rating 4/10), Eagles Nest Charter Academy (GreatSchools Rating 3/10), Championship Academy of Distinction High School (GreatSchools Rating 3/10).

The property 1118 NW 31st Ave is 5,827 SqFt (source: MLS/tax record).

The year of construction for 1118 NW 31st Ave is 1956.

This home is located at 1118 NW 31st Ave in Fort Lauderdale, FL and zip code 33311 in the Roosevelt Gardens neighborhood. This 5,827 square foot home was built in 1956. Features: 0 bathroom. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $1,500,000.

While more than 1 listings in Fort Lauderdale, FL in June 2025 were sold above asking price, there were more than 21 listings sold at asking price, and more than 76 were sold below. In June 2025 in Fort Lauderdale, FL there were 9.9% more homes for sale than in May. Listings spent 69 days on the market in June 2025, and had a median list price of $480,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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