1-2, Fort Lauderdale, 33304
Listing UP for Sale
1-2, Fort Lauderdale, 33304
Overview
- 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
Open on Google Maps- Address 1-2
- City Fort Lauderdale
- State/county Florida
- Zip/Postal Code 33304
- Area Broward County
Details
Updated on August 24, 2024 at 12:05 pm- Property ID: A11592284
- Price: $990,000
- Land Area: 6751 sqft
- Year Built: 1982
- Property Status: Listing UP for Sale
Listing Agent Contact Information
View Listings© Data Source Copyright: Copyright Southeast Florida Multiple Listing Service ©2024. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.