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
- Address 2648 NE 32nd St
- City Fort Lauderdale
- County Broward County
- Zip 33306
- Price $4,995,000
- Status Active
- Subdivision
- Pets Allowed No
- MLS® # F10483251
- Property Type Commercial/Industrial
- Property Sub TypeHotel
- Status Active
- Square Feet
- Year Built 1959
- Waterfront No
- Maintenance Fees No Info Provided
- Taxes $18,298
- Tax Year 2023