$990,000
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Address not provided Fort Lauderdale, FL 33304
Other
Residence
Beds
Baths
2,550
Sq. Ft.
0.15
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
Saves
The hostel, located at 1112 NE 5TH AVE, is a duplex with eight rooms and sixteen beds. It is strategically located a few minutes from Las Olas Boulevard near Fort Lauderdale airport, The Galeria at Fort Lauderdale, Port Everglades, and the Bonnet House. The property is a classic add-value investment..., and a savvy investor can significantly increase the return on his investment. Its actual NOI is $93,696, rendering a Cap Rate of 9.46%. The property is also available without the business for $890,000 (ONLY THE REAL ESTATE).
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MLS#
A11592284
Property Type
Other
Year Built
1982
Square Feet
2,550
sq. ft
Lot Size
0.15
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