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The Eleven 18 boasts true value-add opportunity to an investor. It's located in a Qualified Opportunity Zone and stands to gain value through renovations of the property. As the property currently sits, there are twenty (20) units, four (4) of which are in shell condition and ready to be renovated. The property has impact windows, a new roof completed on the main building, and interiors in the process of being updated. Eight (8) units share four (4) bathrooms through a common hallway within the main building. There are plans to convert two (2) studio units into a single one bedroom unit and give each remaining studio private bathrooms. *There are currently open permits and violations in place as 4 units are in shell condition. Seller is a GC and can assist in navigating the process.*
Listed by Ihtiar Husanov and Alexis Shapiro, ONE Commercial LLC

Property Details of 1118 Nw 31St Avenue

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The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2022 Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated on November 28, 2022

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