Search Properties
Buy with EXIT
Sell with EXIT
Find an Agent/Office
About
Why EXIT
The Spirit of EXIT
Careers
Offices
Contact Us
1320 SW 26th St St, Fort Lauderdale, FL 33315
Share Listing
Overview
Features
Commute
Transportation
Market Statistics
Neighborhood
Similar Homes
Similar Home Values
Contact
$3,999,000
Share Listing
Home Details for 1320 SW 26th St St
Price
$3,999,000
Type
Commercial/Industrial
Year Build
1946
County
Broward
Tax
$6,586
MLS®️ Listing#
A11344372
On exitrealty.com
664 days
Property 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.
Listing courtesy: RE/MAX 5 Star Realty - 954-361-0000
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2024 BeachesMLS, Inc.
See average values in the proximity of this property
Median Listing Price
Median Days on EXIT Realty®
Median Square Feet
Market statistics compiled from data from Realtor Association of Greater Miami and the Beaches.
See several nearby properties
EXIT REALTY SYNERGY INTERNATIONAL
6351 NW 99th Avenue, Miami, FL 33178
See properties nearby this listing
Compare the values of homes nearby
$3,999,000
Share Listing
EXIT REALTY SYNERGY INTERNATIONAL
6351 NW 99th Avenue, Miami, FL 33178