6930 31St Ave, Fort Lauderdale, FL 33309
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.
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
No recorded transactions found for this property.
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.