1-2, Fort Lauderdale, 33304

  • $990,000

Buy

Fort Lauderdale

1-2, Fort Lauderdale, 33304

Fort Lauderdale

  • $990,000

Quick Details

MLS #: A11592284
  • 6751
  • Lot sqft
  • 1982
  • Year Built

Description

The hostel, located at 1112 NE 5TH AVE, is a duplex with eight rooms and sixteen beds. It is strategically located a few minutes from Las Olas Boulevard near Fort Lauderdale airport, The Galeria at Fort Lauderdale, Port Everglades, and the Bonnet House. The property is a classic add-value investment, and a savvy investor can significantly increase the return on his investment. Its actual NOI is $93,696, rendering a Cap Rate of 9.46%. The property is also available without the business for $890,000 (ONLY THE REAL ESTATE).

  • Address 1-2
  • City Fort Lauderdale
  • State/county Florida
  • Zip/Postal Code 33304
  • Area Broward County

Details

  • MLS #: A11592284
  • Price: $990,000
  • Land Area: 6751 sqft
  • Year Built: 1982
  • Property Status: Buy
Listed by Mario Frech · Beachfront Realty Inc - Updated on August 23, 2024 at 2:03 pm

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