$1,200,000
Fort Lauderdale, FL 33311
MLS# FX-10422237
8 baths
1 / 77
Property Description
Don't Miss Out This Rare Opportunity To Own This Two Story 6,400 Sqft+/- Commercial Building On Over Quarter Acre In One Of Fort Lauderdale's Prime Locations, Across From Historic Swap Shop. Almost The Entire Building Has been Updated, Including Electric, Plumbing, A/C's, Hurricane Impact Window & Doors, All Done With Permits. Layout Consists of 4 Large Business Suites Downstairs. All Units Have Private Restroom & Separate Electric. Entire Upstairs Is One Enormous Unit That Has 7 Suites, 1 Full Kitchen & 4 Updated Bathrooms. Potential Income Could Be In Excess Of 10-14k Per Month. Ideal For School, Church, Etc. Building Has Also Completed The 40 Year Certification. Current Zoning is B-3, Buyer Must Confirm With City.
Details
Maps
Contract Information
Status: Active
Original List Price: 1200000
List Price: $1,200,000
Current Price: $1,200,000
Listing Date: 2024-02-08
Comm/Non-Rep: 2.5%
Comm/Buyer Agent: 2.5%
Comm/Trans Brk: 2.5%
General Property Description
Type: Office
For Sale: Yes
For Lease: No
Year Built: 1971
Built Desc: Resale
Total Units: 5
Baths - Total: 8
Acres: 0.31
Waterfront: No
Location, Tax & Legal
Area: 3560
Geo Area: FTNW
Country: United States
County: Broward
Parcel ID: 494232070270
Street #: 1126
Street Dir: NW
Street Name: 31st
Street Suffix: Avenue
State/Province: FL
Zip Code: 33311
Zoning: B-3
Legal Desc: ROOSEVELT GARDENS FIRST ADD 27-25 B LOTS 26,27,28 & 29, BLK A, LESS W 22 THEREOF
Tax Year: 2023
Real Estate Taxes: 7494
Geo Lat: 26.139078
Geo Lon: -80.186335
Remarks & Misc
Directions: Directly on NW 31st Ave Just North Sunrise Blvd.
Office/Member Info
DXORIGMLNO: F10422237
DXORIGMLSID: FLL
Building Info
# of Offices: 4
Monetary Info
Gross Sched Income: 120000
Total Expenses: 19594
Net Oper Income: 100406
Expenses
Insurance: 10000
R.E. Taxes: 7494
Utilities: 1260
Miscellaneous: 840
Total Expenses: 19594
Property Features
Construction: Block; Concrete
Sale Includes: Building and Land
Avail Docs: Aerial
Flooring: Ceramic Tile; Tile
Cooling: Central Individual
Heating: Central Individual
Tenant Pays: Electric
Utilities: Public Water; Separate Meter
Roof: Other
Terms Considered: Cash
Possession: Funding
Listing Office: Fidelity Real Estate Group LLC
Last Updated: May - 05 - 2024
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Saturday 18th of May 2024 06:02 AM