$990,000

1112 NE 5th Ave # 2, Fort Lauderdale FL 33304

Beds

Baths

SQFT 6,751

Garage

42 Years Built

Schedule Visit

Home Details

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).

Other Interior Features

Heating
Appliances
Living Area - SqFt
Inside
Total - SqFt
6751

General

MLS#
A11592284
Architectural Style
Bathroom Features
Living Area - SqFt
Construction Materials
Window Features
Total - SqFt
6751

Neighbourhood

East Point Towers
FORT LAUDERDALE RESIDENCE
Ocean Sunrise

Location

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).

Schedule Visit

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