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$3,999,000
For Sale

1320 SW 26th St

·

Broward

Listed on February 16, 2023

MultiFamily

MLS® # A11344372
Bedrooms
0 Beds
Bathrooms
0 Baths
Size
$5,507 sqft
Parkings
0
Maintenance Fees
-
Annual Tax
$6,586

Description

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

Price history

Learn about the price history of 1320 SW 26th St

Virtual Tour

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Real estate trends

View trends of price in 1320 SW 26th St, Broward over the last 12 months

Explore Broward

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Mortgage Calculator
Estimate monthly payments for 1320 26th St
20.5%100%
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

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About this property

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

Miami Association of REALTORS®
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.
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1320 SW 26th St