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For Sale653 Days
$3,999,000

1320 26th St
Fort Lauderdale, FL 33315

Commercial For Sale
5,507 Sq. Ft.
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    RE/MAX 5 Star Realty

    Description for 1320 26th St, Fort Lauderdale, FL 33315

    For Sale> Broward County> Fort Lauderdale> 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.

    Property Details

    Listing Details
    For Sale
    Commercial
    Multi-Family
    For Sale
    A11344372
    $3,999,000
    02/16/2023
    5,507 Sqft
    1946
    368
    3134747
    Location Information
    US
    FL
    Broward County
    Fort Lauderdale
    33315
    26th St
    1320
    2346
    W81° 50' 30.2''
    N26° 5' 26.2''
    1320 SW 26th St
    3490
    SW
    Yes
    Garage/Parking
    No
    No
    WaterFront and WaterAccess
    No
    Land Info
    504221110140
    Tax Info
    DEVONSHIRE 22-29 B LOT 20 BLK 1
    $6,586
    Listing Information
    RE/MAX 5 Star Realty
    John DeMarco
    368
    DBRG01
    Sefmiami
    $3,999,000
    No
    Apartment

    Price History

    Source: MLS
    DateEventPriceSource
    2023-02-16For Sale$3,999,000MLS
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    Walk Score

    Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

    Walk Score

    4

    Bike Score

    7

    Transit Score

    3

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