Property summary
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
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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