5200 Nw 31st Avenue, Fort Lauderdale, FL

$900,000

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3,588

Square feet

About 5200 Nw 31st Avenue

Portfolio sale in Villas at Lakeview, Fort Lauderdale! . Includes 4 units (#6,121,157 & 183) in a well-maintained Gated community with recently replaced roofs, concrete work/paint and all assessments paid. Mix units features (2) 2 bed/2 bath, (1) 2 bed/2.5 bath townhome, and (1) 1 bed/1 bath. All units offer central A/C, in-unit washer/dryer, and tranquil lake views. Association fees are exceptionally low: just $334.50/month for the 2/2s, $369.50/month for the 2/2.5, and $252/month for the 1/1. low overhead, and rental income potential make this an outstanding investment opportunity. The community is well-kept, offering peace of mind and long-term value. A rare chance to acquire multiple units in one of Fort Lauderdale’s sought-after lakefront communities. NOI: $59,664.74 CAP - 6.6%

Features of 5200 Nw 31st Avenue

MLS® # F10524044
Price $900,000
Square Footage 3,588
Year Built 1987
Type Residential Income
Sub-Type Quadruplex
Status Closed

Community Information

Address 5200 Nw 31st Avenue
Area 3540
Subdivision Villas At Lakeview Condo
City Fort Lauderdale
County Broward
State FL
Zip Code 33309

Amenities

Utilities Cable Available
Is Waterfront Yes
Waterfront None, Other, Lake Front
Has Pool No

Interior

Heating Central, Electric, Separate Meters
Cooling Central Air, Electric
# of Stories 2

Exterior

Exterior Features Balcony
Windows Blinds
Roof Spanish Tile
Construction CBS

Additional Information

Zoning RMM-25
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 1291
HOA Fees Freq. Monthly

Listing Details

OfficeRE/MAX Direct

Listing Map

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