101-105 SE 26 Street, Fort Lauderdale, FL 33316 — MLS photo

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101-105 SE 26 Street, Fort Lauderdale, FL 33316

Active · MultiFamily

$4,000,000

101-105 SE 26 Street, Fort Lauderdale, FL 33316

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1975
Lot size
18,898 sq ft
HOA fee
—
Annual tax
—

About this property

Offering the only 16-unit multifamily in this submarket that has ALL 2 BEDROOM/1BATH. There are two buildings, 8 units each, two-story garden style low rise in a booming location. 2.5 parking spaces per unit, and on site coin laundry. Roof was completed in 2023 with transferable warranty. The building is fully occupied under a master lease with flexible termination. Master lease rents avg. $1,350-$1,450/month—about 18% below market, offering strong upside for the right investor. Prime location near US-1, Brightline, FLL Airport, and downtown Fort Lauderdale.

Property location

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101-105 SE 26 Street, Fort Lauderdale, FL 33316

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Facts & features

Interior

Bathrooms
0
Flooring
Ceramic Tile

Exterior & Structure

Property type
MultiFamily
Year built
1975
Stories
2
Lot size
18,898 sq ft
Construction
Block
Exterior features
Fence

Parking

Covered spaces
0
Parking features
Assigned, Common

HOA, Community & Financials

County
Broward
Days on market
434
MLS listing ID
F10513760
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$7,829

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$18,962/mo
Down payment
$1,000,000
Loan amount
$3,000,000
Annual NOI
$133,600

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.