5,507 sqft

$3,000,000

1320 SW 26th St, Fort Lauderdale FL, 33315

Price per sqft$544.76

Built in1946

Property size5,507 sqft

Property typeCommercial

Overview

Sold

Closed

Listed Feb 16, 2023

Updated Jul 7

The physical property consists of two buildings total of 5,507 SF, well situated on a large 15,565 SF lot. The property has 16 rooms with a total of 35 beds. The facility is fully licensed and operating and is currently 100% occupied with 35 residents with a waiting list. Experienced staff will remain after closing. The facility generated $781,630 in gross revenue in 2022, and net $350,461 a year. Projected gross revenue for 2023 is expected to go up to $940,830 with net income raising to $513,505. This income provides a strong 12.8% capitalization rate at a full asking price. This is an excellent investment opportunity in a market with very limited inventory.

Additional information

MLS^® ID: A11344372

Interior Features

Basement: No

Exterior Features

Lot Size: 0.22 Acres

Other Property Details

Taxes: $6,586
Tax Frequency: Annually

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated 8:50 PM UTC, 7/7/2026.

Listed by: RE/MAX 5 Star Realty, 954-361-0000