Costantini VIP Realty

Serving the Miami-Dade, Broward and Palm Beach Counties

 

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. rn*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.*

Features
: 20
: Security Fence
Address Details
FL
Broward County
Fort Lauderdale
33311
1118 NW 31st Ave
THE ELEVEN 18
0
Other
: Concrete Block Construction
2
: Building & Land
: All Cash, Cash
: City Street
1
: Sale
$11,948

Commercial Sale For Sale

THE ELEVEN 18

1118 NW 31st Ave, Fort Lauderdale, Florida 33311

16,636 Sqft
$2,200,000
Listing ID #A11283986
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : A11283986
Price : $2,200,000
Year Built : 1956
Lot Area : 16,636 Sqft
Building Area : 5,827 Sqft
Status : Active
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