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$5,225 Closing Credit¹
#A11671591, Shani Ackerman, Listing Office: Keller Williams Elite Properties
$10,000
closing credit¹
1118 NW 31st Ave Fort Lauderdale, FL 33311
$1,500,000 List price
$10,000
Closing credit¹
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
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Summary
- 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
© 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: 2/7/2025, 9:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,500,000
1118 NW 31st Ave
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
5
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
3
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.
Neighborhood
The neighbors living near this home have an average income of $32,264. Typical income of Fort Lauderdale, FL residents is 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 Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
Foot Locker
Ross Dress For Less
Where do the neighbors go to eat?
White Castle
Little Caesars
Jack In The Box
What do the neighbors drive?
Kia
Dodge
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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$7,113 Closing Credit¹
#A11701111, Yehoshua Mor, Listing Office: JMor Properties, LLC
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.
In January 2025 more than 3 listings in Fort Lauderdale, FL were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 70 were sold below. The inventory of homes for sale in Fort Lauderdale, FL between December and January 2025 increased by 18.9%. In January 2025 median list price was $481,312 and the average listing age was 84 days.
From Rocket Homes Real Estate and based on county public records data.