Interior
- Bathrooms
- 0
Active · MultiFamily
$4,000,000
101-105 SE 26th Street, Fort Lauderdale, FL 33316
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1972
- Lot size
- 18,898 sq ft
- HOA fee
- —
- Annual tax
- —
About this property
AVALIABLE FOR SALE OR LEASE. Offering the only 16-unit multifamily in this submarket with ALL 2 BEDROOMS/1 BATH. Plenty of parking 2.5 spaces per unit and Fully occupied under a master lease with flexible termination. The property has a yard area, with on site laundry. Current rent avg. $1,350-$1,450/month—which is 18% below market, offering strong upside for the right investor. Roof replaced in 2023, along with minor upgrades. Located 9 min from FTL airport, and a mile from the marina.
Property location
Get Directions101-105 SE 26th Street, Fort Lauderdale, FL 33316
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Facts & features
Exterior & Structure
- Property type
- MultiFamily
- Year built
- 1972
- Lot size
- 18,898 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Broward
- MLS listing ID
- F10513768
- 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.