2648 NE 32 ST Active

Fort Lauderdale,FL 33306

$ 4999000

- Bed

16 Baths

6726 SqFt


Key Details

Property Type Commercial

Sub Type Hotel-Motel

Listing Status Active

Purchase Type For Sale

Square Footage 6,726 sqft

Price per Sqft $743

Subdivision Coral Ridge Galt Add No 2 32-50

MLS Listing ID RX-11029990

Year Built 1959

Annual Tax Amount $36,511

Tax Year 2023

Lot Size 0.460 Acres

Property Description

Popular Fort Lauderdale boutique hotel, Casitas Coral Ridge, is a 16-unit garden-style hotel in a prestigious Ft. Lauderdale neighborhood blocks from the beach & experiencing an exceptional rental history. The property is within close proximity to main arteries of N Federal Highway & E Oakland Park Blvd., within steps to the Coral Ridge Mall & includes 2648 & 2640 NE 32 St. The hotel features 2 buildings including 4 two-bedroom adjoining suits & hotel rooms for a total of 8 units in each building. One unit is currently used as a reception/ office. Property encompasses 200 linear feet of frontage on a 0.45 acre site & buildings total 6,726 square feet. The parking ratio is 3.27/1,000 sq.ft. Fully equipped accommodations & owner invested over $100k last year in bathroom upgrades .

Location

State FL

County Broward

Area 3250

Zoning RMM-25

Interior

Heating Central Building,Electric,Window/Wall

Cooling Electric,Wall-Win A/C

Flooring Ceramic Tile,Tile

Fireplaces Type Smoke Detector

Exterior

Community Features Corporate Owned

Utilities Available Cable,Electric,Public Sewer,Public Water

Waterfront No

Waterfront Description None

Roof Type Concrete Tile

Building

Story 100.00

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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