50 31St Pl, Sunrise, FL 33351
This exceptional office building, located at 50 SW 31 Avenue in Fort Lauderdale, Florida, 33351, presents a unique investment opportunity. Priced at $770,000, the property offers immediate income potential with a current month-to-month tenant already in place. The tenant is aware of the property's sale and there is no formal rental agreement in effect. This provides flexibility for the new owner to negotiate lease terms or pursue other occupancy strategies. The building's address is 50 SW 31 Avenue. Importantly, the current owner also owns a separate property at 3058 W Broward Blvd and is willing to sell both parcels together. This presents a compelling opportunity to acquire a portfolio of properties in a desirable location. The property is classified as an office building and is situated in Broward County. The precise lot size is not specified. The property's geographic coordinates are latitude 26.17785 and longitude -80.2711588. This presents a rare chance to acquire a well-situated office building with existing income and the potential for significant future returns. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.