2648 NE 32nd St - Hospitality FOR SALE
Fort Lauderdale, FL 33306- Coral Ridge Country Club Estates |
$4,550,000 USD
754-288-1327
2648 NE 32nd St
Fort Lauderdale, FL 33306
Coral Ridge Country Club Estates
HIGHLIGHTS
- 9.33% going-in cap rate with $425,000 in demonstrated in-place NOI
- 83% occupancy rate with high year-round utilization
- 16 boutique keys — suites, studios & hotel rooms
- One mile to Fort Lauderdale Beach
- Office-to-suite upside: add a key with no new footprint
- Scarce boutique inventory in Coral Ridge — limited competition
FOR SALE DETAILS
PRICE
$4,550,000 USD
PRICE/SF
$676 USD /SF
# OF ROOMS
16
PRICE/ROOM
$284,375 {currency}
CAP RATE
9.34%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Casitas Coral Ridge
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
1
ROOM ENTRANCE
Exterior
BUILDING CLASS
B
YEAR BUILT
1959
PARKING SPACES
22
LAND DETAILS
LAND ACRES
0.46 AC
LAND SF
20,038 SF
ZONING
RMM-25
APN/PARCEL ID
49-42-24-01-0230,49-42-24-01-0240
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754-288-1327
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754-288-1327
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