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$ 4,995,000
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Active
2648 NE 32nd St Fort Lauderdale, FL 33306
0.46 Acres Lot
UPDATED:
02/01/2025 05:30 AM
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
Listed by Compass Florida, LLC