Home » Fort Lauderdale » 1126 NW 31st Ave, Fort Lauderdale, FL 33311 | F10422237

Commercial For Sale 1126 NW 31st Ave, Fort Lauderdale, FL 33311

$1,200,000

Property Highlights

Listing ID F10422237 Status of this Listing: Active For Sale Property Type Commercial Sale Commercial Building Area 6,400 Sqft/594.58 m2 approx. Lot area 13,441 Sqft/1248.71 m2 approx. Year Built 1971 Time of this property on Rebonus 360 Day(s)

1126 NW 31st Ave, Fort Lauderdale, FL 33311

Property Description: Don’t Miss Out This Rare Opportunity To Own This Two Story 6,400 Sqft+/- Commercial Building On Over Quarter Acre In One Of Fort Lauderdale’s Prime Locations, Across From Historic Swap Shop. Almost The Entire Building Has been Updated, Including Electric, Plumbing, A/C 's, Hurricane Impact Window & Doors, All Done With Permits. Layout Consists of 4 Large Business Suites Downstairs. All Units Have Private Restroom & Separate Electric. Entire Upstairs Is One Enormous Unit That Has 7 Suites, 1 Full Kitchen & 4 Updated Bathrooms. Potential Income Could Be In Excess Of 10-14k Per Month. Ideal For School, Church, Etc. Building Has Also Completed The 40 Year Certification. Current Zoning is B-3, Buyer Must Confirm With City.

Useful Info

Original List Price:$1,200,000

Business Info

Gross Scheduled Income:120000

Land Lot (Parcel) Details

Lot Size Acres:0.3086
Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Number of Buildings:1
Number of Units Total:1
Property Condition:
  • Resale
Construction Materials:
  • Block
Flooring:
  • Tile
  • Ceramic Tile
Road Frontage Type:
  • City Street

Property Features

Waterfront:No
Roof:
  • Other
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$7,494

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Insurance Expense:$10,000

Terms

Documents Available:
  • Aerial
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Vacant
Buyer Possession:
  • Closing & Funding
Tenant Pays:
  • Electricity
Lease Considered:No

Community

Senior Community:No

Parking

Covered Spaces:0
Parking Features:
  • Common

Utilities

Sewer:
  • Other
Utilities Expense:$1,260
Water Source:
  • Public

More Details

Other Information:
Data exchange original Listing NumberF10422237

Zoning and Legal

Tax Legal Description:ROOSEVELT GARDENS FIRST ADD 27-25 B LOTS 26,27,28 & 29, BLK A, LESS W 22 THEREOF
Real Estate Folio Number (Parcel Number):494232070270
Zoning Description:B-3
Public Survey Township:4942
Public Survey Section:32

Listing History

Update/EventDate/Days
Published Date:February 8, 2024 12:50 pm
On Market Date:February 8, 2024
Listing Contract Date:February 8, 2024
Last Important Update Description:New Listing
Date and Time of Last Important Update:February 8, 2024 12:50 pm
Status Last Changed:February 8, 2024 12:50 pm
Photos Last Modified:August 8, 2024 8:32 pm
Last Modified:September 30, 2024 9:28 pm
Days on the Market Reference Date:August 23, 2024
Days on the Market (updated on Last Modified*):197
Cumulative Days on the Market (updated on Last Modified**):197

Additional Information

Lot Size Range:,
Number of Photos:76
Location:,Inside Lot
Included:Building & Land,,
Geographical Area:Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Area:3560
Automated Valuation Display:Yes
Courtesy of:Fidelity Real Estate Group LLC
Universal Property Id:US-12011-N-494232070270-R-N

Location

Show Property Address:Yes
Street Name:31st Ave
Street Number:1126
Street Direction Prefix:NW
Street Address:1126 NW 31st Ave
City : Fort Lauderdale
State : Florida
Zip Code : 33311
County : Broward
Full Address:1126 NW 31st Ave, Fort Lauderdale, FL 33311
Latitude:N26° 8' 20.7''
Longitude:W81° 48' 49.2''

Neighborhood

Postal City:Fort Lauderdale

Property Map