2648 NE 32nd St, Fort Lauderdale, FL 33306
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Virtual Tour
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9% Cap Rate...Prime investment opportunity in Fort Lauderdale. Las Casitas Coral Ridge is a popular 16-unit boutique hotel set in highly desirable neighborhood of Coral Ridge and offering strong rental history. Just a few blocks from the beach, water taxi, and Coral Ridge Country Club. Surrounded by multimillion-dollar homes. easy access to major roads including Federal Highway and Oakland Park Blvd., surrounded by popular shops and dining. Includes the properties at 2648 - 2640 NE 32nd St. The property consists of two buildings, 8 furnished units per building, ranging from hotel rooms, studios with kitchenettes, to 1 bedroom suites with living rooms and kitchens. One unit serves as a reception/office. Ample parking and a large lot of approx 0.45 acres. Seller financing option available
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Property Details
- 0.45 Acres
- 20004 SF Lot
- Built in 1959
- 1 Story
- 3 Units
- Total SqFt: 6706
- Lot Size Dimensions: 200X100
- Property Condition: Resale
- Year Built Details: Resale
Interior Features
- Ceramic Tile Flooring
- Central A/C
Exterior Features
- Masonry - Concrete Block Construction
- Community Water
- Community Septic
- Roof: Concrete
- Road Frontage Type: CountyRoad, CityStreet
Income/Expenses
- Gross Income $610,000
- Net Income $375,000
Taxes and Fees
- $18,298 Total Tax
- Tax Year 2023
Listed By
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Compass Florida, LLC
Office: 305-851-2820 Cell: 954-951-3356 |
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Compass Florida, LLC
Office: 305-851-2820 Cell: 631-983-9757 |
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Listing data is deemed reliable but is NOT guaranteed accurate.
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