1 of 14
Multi Family
Tools
Size
9,445 Sq Ft.
interior
Financial
$3,999,000
Change Currency
$423
Price Per Sqft
$6,586
Annual taxes
Listing Details
Multi Family
Property type
1946
Year Built
5631628
Web Id
2754175-A11344372
MLS ID
506
Days Posted
Description
1320 SW 26th St,
Fort Lauderdale,
FL
33315
Fort Lauderdale, FL 33315
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.
Price History
| date | Price | variance | type |
|---|---|---|---|
| 2/15/2023 | $3,999,000 | - | Listed |
Listing By: RE/MAX 5 Star Realty via Data Source: MIAMI MLS
listing agent: John DeMarco
Inquire
