Fort Lauderdale, FL 33315,1320 SW 26th St
Fort Lauderdale, FL 33315,1320 SW 26th St
Fort Lauderdale, FL 33315,1320 SW 26th St
Fort Lauderdale, FL 33315,1320 SW 26th St
Fort Lauderdale, FL 33315,1320 SW 26th St
Fort Lauderdale, FL 33315,1320 SW 26th St
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$3,000,000

$3,999,000

25.0%
Est.Price: ?

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Est. payment /mo

5,507 SqFt


SOLD DATE : 08/13/2025

Key Details

Sold Price $3,000,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,507 sqft

Price per Sqft $544

MLS Listing ID A11344372

Sold Date 08/13/25

HOA Y/N No

Year Built 1946

Annual Tax Amount $6,586

Contingent Other

Lot Size 9,445 Sqft

Property Sub-Type Multi Family

Property Description

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.

Location

State FL

County Broward

Area 3490

Exterior

Private Pool Yes

Others

Tax ID 504221110140

Financing Cash

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Miami Association of Realtors (SEFMIAMI MLS)
Listed by RE/MAX 5 Star Realty
Bought with RE/MAX 5 Star Realty

Learn More About LPT Realty

Name

Phone*

Message

Nerisleyda Lopez PA

+1(954) 649-5864

neritalopez1@gmail.com