2648 NE 32nd St
Fort Lauderdale, Florida

Fort Lauderdale, Florida

MLS#: F10483251

$4,995,000 USD

Listed By Compass Florida, LLC

The Commercial Property for Sale located at Fort Lauderdale, Florida is currently for sale. Fort Lauderdale, Florida is listed for $4,995,000. If the property located at Fort Lauderdale, Florida isn't what you're looking for, visit https://commercialflorida.xomio.com to see other Commercial Properties for Sale in Fort Lauderdale .

Date Updated : Feb 1, 2025

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The details

Property features

Construction details

  • Year built: 1959
  • Building condition: Resale
  • Roofing: Concrete

Description

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

Location

Fort Lauderdale, Florida
Courtesy of David Andrew Marder Compass Florida, LLC
Florida
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LogoAll real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise "any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation, or discrimination." We will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.