1320 SW 26th St
Fort Lauderdale, FL 33315
$3,999,000
Active
14+
$3,999,000
Active
Bedrooms
Bathrooms
N/A
Half Baths
Size Sq. Ft.
766
DOM
1320 SW 26th St
Fort Lauderdale, FL 33315
Beds, Baths, 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
- Address 1320 SW 26th St
- City Fort Lauderdale
- County Broward
- Zip 33315
- Price $3,999,000
- Status Active
- Subdivision
- Pets Allowed No
- MLS® # A11344372
- Property Type Commercial Sale
- Property Sub TypeMulti Family
- Status Active
- Square Feet
- Year Built 1946
- Waterfront No
- Maintenance Fees No Info Provided
- Taxes $6,586
- Tax Year
Similar Properties
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 04-23-2025. IDX powered by Realty Net Media
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