2648 NE 32nd St, Fort Lauderdale, FL 33306

Property Description

9% Cap Rate...Prime investment opportunity in Fort Lauderdale. Las Casitas Coral Ridge is a popular 16-unit boutique hotel set in highly desirable neighborhood of Coral Ridge and offering strong rental history. Just a few blocks from the beach, water taxi, and Coral Ridge Country Club. Surrounded by multimillion-dollar homes. easy access to major roads including Federal Highway and Oakland Park Blvd., surrounded by popular shops and dining. Includes the properties at 2648 - 2640 NE 32nd St. The property consists of two buildings, 8 furnished units per building, ranging from hotel rooms, studios with kitchenettes, to 1 bedroom suites with living rooms and kitchens. One unit serves as a reception/office. Ample parking and a large lot of approx 0.45 acres. Seller financing option available