2648 NE 32nd St Active

Fort Lauderdale,FL 33306

$ 4995000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Hotel

Listing Status Active

Purchase Type For Sale

MLS Listing ID F10483251

Construction Status Resale

HOA Y/N No

Year Built 1959

Annual Tax Amount $18,298

Tax Year 2023

Lot Size 0.459 Acres

Property 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

State FL

County Broward County

Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)

Zoning RMM-25

Interior

Cooling Central Individual A/C

Flooring Ceramic Floor,Tile Floors

Exterior

Water Access N

Roof Type Concrete Roof

Private Pool No

Building

Story 1.0000

Foundation Cbs Construction

Sewer Public Sanitation

Water Public Water

Construction Status Resale

Others

Pets Allowed No

Acceptable Financing Cash,Conventional/Refinance,Owner Financing

Listing Terms Cash,Conventional/Refinance,Owner Financing

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