1821-1825 NE 26th Ave - Apartments FOR SALE


Fort Lauderdale, FL 33305- Coral Ridge
$7,500,000 USD
305-613-4507
1821-1825 NE 26th Ave, Fort Lauderdale, FL for Sale
$7,500,000 USD
Apartments - FOR SALE
1/21
null | 5% Cap Rate

1821-1825 NE 26th Ave
Fort Lauderdale, FL 33305
Coral Ridge


HIGHLIGHTS

  • Three newly built luxury townhome residences offered as one package.
  • Two residences are leased with verified in-place rental income.
  • Separately deeded homes provide future disposition flexibility.
  • Private pools, rooftop terraces, and summer kitchens in every residence.
  • Located minutes from Fort Lauderdale Beach and Las Olas Boulevard.
  • CBS construction with impact glazing and Zone X flood designation.

OVERVIEW

The Villas at Coral Ridge presents a rare opportunity to acquire three newly constructed luxury townhome residences offered as a single income-producing investment package in one of Fort Lauderdale's most established coastal neighborhoods. Located within Coral Ridge, the property consists of three separately deeded residences featuring four bedrooms plus a den, four-and-one-half bathrooms, private pools, summer kitchens, and rooftop terraces. Constructed with CBS concrete block construction and impact glazing, the residences provide modern luxury design and durability in a highly sought-after residential market. The offering combines the stability of in-place income with future flexibility. Two of the three residences are currently leased, generating verified rental income, while the third residence offers immediate lease-up potential or owner-user flexibility. Because each residence is separately deeded, ownership maintains the ability to sell individual units in the future, creating multiple exit strategies. Coral Ridge is one of Fort Lauderdale's most desirable residential neighborhoods, positioned between the Intracoastal Waterway and Federal Highway and just minutes from Fort Lauderdale Beach, Las Olas Boulevard, Downtown Fort Lauderdale, Brightline, Coral Ridge Country Club, and Fort Lauderdale-Hollywood International Airport. The neighborhood's limited supply of new construction, driven largely by teardown-and-redevelopment activity, continues to support long-term property values and demand from executive-level renters and homebuyers. The combination of new construction, luxury amenities, coastal accessibility, and strong neighborhood fundamentals positions The Villas at Coral Ridge as a distinctive investment opportunity within a supply-constrained South Florida market.

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/SF

$478 USD /SF

# OF UNITS

3

PRICE/UNIT

$2,500,000

CAP RATE

5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Villas at Coral Ridge

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2023

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

RC-15

APN/PARCEL ID

49-42-36-01-0320

ASK ABOUT THIS PROPERTY

Virgilio Fernandez, CCIM, MSIRECushman & WakefieldMore Info
305-613-4507

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Virgilio Fernandez, CCIM, MSIRECushman & WakefieldMore Info
305-613-4507

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.