Excellence in South Florida Real Estate

1320 SW 26th St, Fort Lauderdale, 33315

  • $3,999,000

Buy

Fort Lauderdale

1320 SW 26th St, Fort Lauderdale, 33315

Fort Lauderdale
  • $3,999,000

Quick Details

MLS #: A11344372
  • 9445
  • Lot sqft
  • 1946
  • Year Built

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.

  • Address 1320 SW 26th St
  • City Fort Lauderdale
  • State/county Florida
  • Zip/Postal Code 33315
  • Area Broward County

Details

  • MLS #: A11344372
  • Price: $3,999,000
  • Land Area: 9445 sqft
  • Year Built: 1946
  • Property Status: Buy
Listed by John DeMarco · RE/MAX 5 Star Realty - Updated on March 18, 2025 at 2:00 pm

Ask a Miami Realty Solution Agent a Question

View Listings
Johnathan Senecal

Contact Agent About This Property

By submitting this form, you consent to receiving calls,SMS, Email messages in response to your request, even if your phone number is registered on the State and/or National Do Not Call Registry. Reply STOP to opt-out. By submitting I agree to Terms


For more information about this for Buy currently listed for $3999000 located in 1320 SW 26th St Fort Lauderdale, Florida 33315 please call our real estate office at 1-(305) 728-0840

© Data Source Copyright: Copyright Southeast Florida Multiple Listing Service ©2024. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

Compare listings

Compare
Johnathan Senecal
  • Johnathan Senecal