1320 SW 26th St
$3,999,000
Fort Lauderdale, FL 33315
Sq.Ft.

Or Call 954-558-8005

1320 SW 26th St , Fort Lauderdale, FL 33315

Multi Family, Sq.Ft.

The physical property consists of two buildings total of 5,507 SF, well situated on a large 15,565 SF lot. The property has 16 rooms with a total of 35 beds. The facility is fully licensed and operating and is currently 100% occupied with 35 residents with a waiting list. Experienced staff will remain after closing. The facility generated $781,630 in gross revenue in 2022, and net $350,461 a year. Projected gross revenue for 2023 is expected to go up to $940,830 with net income raising to $513,505. This income provides a strong 12.8% capitalization rate at a full asking price. This is an excellent investment opportunity in a market with very limited inventory.

Listing Summary

City: Fort Lauderdale
Zip: 33315
Price: $3,999,000
County: Broward County
Subdivision:
Complex:
Virtual Tour: View Virtual TourMore Info

Property Type: Commercial Sale
Status: Active
Property Type Description: Multi Family
Square Feet:
Year Built: 1946
Taxes: $6,586
Foreclosure:
Short Sale:
MLS® #: A11344372

School Information

Elementary School	Middle School	High School

Additional Features

Waterfront: No
Waterfront Description:
View:
Style:
Pets Allowed?: No
Pet Restrictions:

Flooring:
Furnished:
Construction:
Parking:

Interior Features:
Amenities:

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Comments

The data relating to real estate for sale on this web site comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above (A11344372) is provided courtesy of (RE/MAX 5 Star Realty). The information being 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. Information is deemed reliable but not guaranteed. Data last updated on 04-27-2024. IDX powered by Realty Net Media

1320 SW 26th St , Fort Lauderdale, FL 33315

Multi Family, Sq.Ft.

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