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2648 NE 32nd Street

$4,995,000

2648 NE 32nd Street, Fort Lauderdale, FL 33306

Active
Last Updated: 02/03/2025

1959

Year Built

RMM-25

Zoning

Details:
Year Built:    1959
Zoning:    RMM-25
Roof:    ["Concrete"]
Floor:    ["Ceramic Tile", "Tile"]
Cooling:    ["Central Individual"]
GrossIncome:    $610,000
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

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