2648 NE 32nd Street Fort Lauderdale, FL 33306

$4,200,000

Total Square Feet

6,706
Lot Size

0.45 acre(s)

POST AUCTION/BUY NOW. Deposit: $100k. Casitas Coral Ridge is a stabilized, high-performing 16-unit asset in Ft Lauderdale's high-barrier coastal market. Situated on a massive +0.45-acre lot w/ 200ft frontage, this turnkey boutique hotel offers immediate cash flow. 2024 Gross ~$600k | NOI +$442k. UNIT MIX: 16 Licensed Units across 2 bldgs: (8) 1-Bed w/ Kitchens, (5) Standard, (3) Studios w/ Kitchenettes. VALUE ADD: Convert office back to guest suite for proj +$30k-$40k/yr. Amenities: Tiki terrace...

Property Summary

MLS Number: F10539676

Subdivision:

County: Broward

Bedrooms: 0

Total Square Feet: 6,706

New Constuction: No

Construction: CBS

Waterfront: No

Property Type: Commercial - Business

Cooling: Central Individual

Heating: Other

Lot Size: 0.45 Acres

Roof Type: Concrete

Stories: 1.0

Taxes: $18,115

Year Built: 1959

Property Details

Building Features: Private Restroom(s), Kitchen Facilities

Exterior: CBS

Flooring: Ceramic Tile, Tile

Parcel#: 494224010230

Parking: Common

Parking Notes: Common

Security: Smoke Detector(s)

Sewer: Public Sewer

Structure Type: Hotel/Motel, Warehouse

Units: 16

Utilities: Other

Water: Public

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Courtesy of

Agency Name: Ashland Auction Group
Agency Phone: 561-266-4740
Agent Name: Adam Shpritz

Presented by

Agency Title: The Keyes Company
Agency Phone:
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Sara Miller

keyes.com

Agent Cell:

954.477.7001

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