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    OFF-MARKET
    Small apartment buildings

    6930 31St Ave, Fort Lauderdale, FL 33309

    Built 1973
    Property ID
    US18-2329548
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a well-maintained, single-story four-unit apartment building located at 6930 NW 31st Ave, Fort Lauderdale, Florida, 33309, in Broward County. Built in 1973, this property offers a compelling return on investment. Currently, one unit is rented at a below-market rate of $2250 per month, presenting immediate potential for increased rental income. A rental increase to between $2500 and $2600 per month is feasible, significantly boosting the property's cash flow. The building's single-story design simplifies maintenance and management. The asking price for this multifamily property is $255,000. This represents a rare chance to acquire a stable, income-generating asset in a desirable Fort Lauderdale location. The property's address is precisely 6930 NW 31st Ave, and its geographical coordinates are latitude 26.209115 and longitude -80.187647. This is not a duplex, triplex, or quadplex, but rather a four-unit building. The property is classified as an apartment building. Serious investors are encouraged to act quickly on this promising opportunity.

    Property profile
    Verified
    Property type Small apartment buildings
    Year built 1973
    UPID US18-2329548
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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