Property Description
6% Cap Rate. Rare income-producing opportunity in Coral Ridge. Three luxury 4BR + den townhomes – each with a private pool, 1200 SF rooftop terrace, and Thermador kitchen – offered together as a single turn-key multifamily investment immediately adjacent to the Coral Ridge Country Club. Combined under-air and rooftop area totals 14,650 SF. Previously sold individually, the units now generate $552,000 in combined gross income and $473,500 in Net Operating Income. Offered at $7,900,000 – an ideal opportunity for investors seeking a stabilized, cash-flowing asset in one of Fort Lauderdale’s most established addresses.
Address Map
- State:
- FL
- County:
- Broward
- City:
- Fort Lauderdale
- Zipcode:
- 33305
- Street:
- 1825 Ne 26th Ave 1, Fort Lauderdale, Florida 33305
- Longitude:
- W81° 53' 14.1''
- Latitude:
- N26° 9' 2''
MLS Addon
- Building Area:
- 14,550 Sqft
- Construction Materials:
- Block
- Cumulative DOM:
- 6
- DOM:
- 7
- Directions:
- Please use GPS
- Flooring:
- Ceramic Tile
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Parcel Number:
- 494236010320
- Structure Type:
- Multi Family
- Tax Annual Amount:
- $45,000
- Virtual Tour:
- Click Here
Commercial Sale For Sale
1825 Ne 26th Ave 1, Fort Lauderdale, Florida 33305, Fort Lauderdale, Florida 33305
13,400 Sqft
$7,499,000
MLS # #A12069360
Basic Details
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $7,499,000
- Lot Area :
- 13,400 Sqft
- MLS # :
- A12069360
- Property Sub Type :
- Multi Family
