2009 NE 26th Street, Wilton Manors, FL 33305 — MLS photo

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2009 NE 26th Street, Wilton Manors, FL 33305

Active · Quadruplex

$1,200,000

2009 NE 26th Street, Wilton Manors, FL 33305

Beds
—
Baths
0
Living area
1,861 sq ft
$ / sq ft
$645/sq ft
Year built
1954
Lot size
7,000 sq ft
HOA fee
—
Annual tax
$18,744

About this property

Thriving Airbnb Multi Family Compound in Wilton Manors. The portfolio consists of three consecutive buildings across three separate folios (additional listings B26007332 and B26007551), on an expansive ±21,000 sqft for a total offering price of $3,750,000. Unit count: 6 one-bedroom units, 2 studios, & 2 efficiencies, offering a highly desirable rental profile. All units are turn key and fully operational, resulting in a stabilized asset with immediate cash flow. Over $1M in renovations: new roof, electrical, plumbing, impact windows, plus a gorgeous Resort-style pool & 20-spot parking. Strategically positioned on a high-demand corridor, its proximity to Lauderdale Beach, Las Olas, Wilton Drive & International Airports supports year-round demand & repeat bookings. Seller Financing Available

Property location

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2009 NE 26th Street, Wilton Manors, FL 33305

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Facts & features

Interior

Bathrooms
0
Living area
1,861 sq ft
Flooring
Ceramic Tile, Terrazzo
Cooling
Ceiling Fans, Wall Window Units, Zoned
Heating
Wall Furnace
Interior features
Main Living Area Entry Level

Exterior & Structure

Property type
Quadruplex
Year built
1954
Stories
1
Lot size
7,000 sq ft
Architectural style
One Story, Fourplex
Roof
Composition, Shingle
Construction
Block
Exterior features
Courtyard, Fence, Patio, Room For Pool
Pool
None
View
Other, Water

Parking

Covered spaces
0

HOA, Community & Financials

Pets allowed
No
Annual tax
$18,744
Subdivision
CORAL GARDENS
County
Broward
Days on market
210
MLS listing ID
B26007052
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

-$1,966

Cap rate
3.7%
Net yield
3.7%
Cash-on-cash return
-7.0%
Gross yield
6.7%
Mortgage payment
$5,689/mo
Down payment
$300,000
Loan amount
$900,000
Annual NOI
$44,676

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