The physical property consists of two buildings total of 5,507 SF, well situated on a large 15,565 SF lot. The property has 16 rooms with a total of 35 beds. The facility is fully licensed and operating and is currently 100% occupied with 35 residents with a waiting list. Experienced staff will remain after closing. The facility generated $781,630 in gross revenue in 2022, and net $350,461 a year. Projected gross revenue for 2023 is expected to go up to $940,830 with net income raising to $513,505. This income provides a strong 12.8% capitalization rate at a full asking price. This is an excellent investment opportunity in a market with very limited inventory.
RE/MAX 5 Star Realty
Features & Details
Learn about the features and details of 1320 SW 26th St
Property Details
Property Type
MultiFamily
Living Area
5,507 sqft
Year Built
1946
Lot Size
9,445 sqft
Stories
-
Annual Tax
$6,586.00
List Date
2/16/2023
Updated
6/7/2025
Last Checked
Recent
MLS Number
#A11344372
Brokerage
RE/MAX 5 Star Realty
Postal Code
33315
Area
Broward
City
Fort Lauderdale
Additional Property Features
Occupancy
Tenant
List Price
$3,999,000.00
Unit Number
-
Construction
Construction
Heating
Heating
Fireplaces
-
Garage
-
Parking Type
No
Pets Allowed
No
Air Conditioning
No
Elevator
No
Locker
No
Swimming Pool
No
Patio
No
Basement
No
Den
No
Central Vacuum
No
Garage Type
No
Additional Listing Information
Walk Score
–
Property Manager
-
Utilities Included
None
Furnished
No
Assessment Year
Assessment Year
Assignment
No
Extras Included
None
Inside
Bedrooms & Baths
0 Bed, 0 Bath
Ensuite
Yes
Bathrooms
0
Flooring
Mixed
Show More Features
Price history
Learn about the price history of 1320 SW 26th St
Virtual Tour
Take a 3D tour of this property
Login to view 3D Virtual Tour
Real estate trends
View trends of price in 1320 SW 26th St, Broward over the last 12 months
Explore Broward
Learn about the area around 1320 SW 26th St
Mortgage Calculator
Estimate monthly payments for 1320 26th St
20.5%100%
30 Years
Estimated Monthly Payment
$16,109
Cash Flow Analysis
Mortgage Payment:
$16,109
Monthly Payment:
$16,657.83
Break Even Down Payment:
100%
Cash Flow
$0
Similar listings
Shop homes for sale similar to 1320 SW 26th St, Broward
Discover this beautiful multifamily in the heart of Fort Lauderdale. This well-appointed property offers 5,507 square feet of living space situated on a 9,445 square foot lot. Originally built in 1946. Offered at $3,999,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.
FAQs About 1320 SW 26th St
What is the square footage of this property?
How many bedrooms and bathrooms does this home have?
What are annual taxes for 1320 SW 26th St?
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.