507-513 NW 8th Ave Fort Lauderdale FL 33311 MLS #A11517021

507-513 NW 8th Ave
Fort Lauderdale, FL, 33311
$2,500,000
Beds
0 Baths
7,470 SqFt
0 Acres
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$CAP RATE OF 9.77% & RISING$ FULLY-LICENSED SHORT-TERM RENTAL PORTFOLIO OF 5 INDIVIDUALLY TITLED TOWNHOMES WHICH JUST WENT ACTIVE AUGUST 2023. LESS THAN 5 MINUTES FROM DOWNTOWN & ALL THE LAS OLAS BLVD ACTION . ALMOST $100,000 IN FUTURE BOOKINGS INCLUDED WITH THE SALE. “SISTRUNK SHADES” IS THE NAME UNDER WHICH YOU WILL FIND IT IN AIRBNB & ALL THE STR PLATFORMS. NEW CONSTRUCTION BUILT IN 2023. TURNKEY FULLY-FURNISHED BUSINESS. SELLER CAN STAY ON & MANAGE THE OPERATION SO THAT THE BUYER CAN TAKE ADVANTAGE OF ALL THE MARKETING & MOMENTUM CREATED BY THE SELLER. START MAKING MONEY IMMEDIATELY AFTER CLOSING! EACH TOWNHOME IS FULLY FURNISHED & CONSISTS OF 3 BEDROOMS, 2.5 BATHS & A 1-CAR GARAGE. THERE IS ALSO ONE ASSIGNED PARKING SPACE/UNIT & 2 GUEST PARKING SPACES. LOW INSURANCE & NO HOA FEE!

Property Details

Price:
$2,500,000
MLS #:
A11517021
Status:
Active
Beds:
0
Baths:
0
Address:
507-513 NW 8th Ave
Type:
Commercial
Subtype:
Income/MultiFamily
City:
Fort Lauderdale
Listed Date:
Jan 18, 2024
State:
FL
Finished Sq Ft:
7,470
ZIP:
33311
Year Built:
2023
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Schools

Interior

Cooling
Central Individual A/ C
Flooring
Tile, Wood
Heating
Central Electric, Central Individual A/ C

Exterior

Construction Materials
C B S Construction
Parking Features
Assigned, Guest
Parking Spots
7
Roof
Shingle

Financial

Buyer Agent Compensation
3.0%%
HOA Frequency
Annually
Tax Year
2023
Taxes
$6,290

Map

Community

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507-513 NW 8th Ave
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