Excellence in South Florida Real Estate
1320 SW 26th St, Fort Lauderdale, 33315
Fort Lauderdale
1320 SW 26th St, Fort Lauderdale, 33315
Fort Lauderdale
Quick Details
MLS #: A11344372
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
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MLS #:
A11344372
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Price:
$3,999,000
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Land Area:
9445 sqft
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Year Built:
1946
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Property Status:
Buy
Listed by John DeMarco · RE/MAX 5 Star Realty
- Updated on March 18, 2025 at 2:00 pm
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
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