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For Sale Available Listing #81886

2,500,000 SF Apartment For Sale — $7,500,000 — 1821-1825 NE 26th Ave, Fort Lauderdale – #81886

1821-1825 NE 26th Ave · Price Per Unit · Fort Lauderdale, FL 33305
2,500,000 SFAvailable space
ApartmentProperty type
6575Parking spaces
2023Year built
Quick Unit Specs
For Sale
$7,500,000 Asking Price
$3.00 Price / SF
5% Cap Rate
— NOI
25 / 278 days Days on market / avg to sell
The Space
2,500,000 SF Sq Ft
Apartment Type
Price Per Unit Suite
— Condition
Available Status
For Sale Listing Type
Now Available
— Op. Expenses
— Clear Height
— Drive-In Bays
— Dock-High Bays
— Yard
— Office SF
— Restrooms
— Power
— HVAC
6575 spaces Estimated Parking
2.63 Parking Ratio
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Floor Plan
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Building Description
Executive Summary
The Villas at Coral Ridge presents a rare opportunity to acquire three newly constructed luxury townhome residences offered as a single income-producing investment package in one of Fort Lauderdale's most established coastal neighborhoods. Located within Coral Ridge, the property consists of three separately deeded residences featuring four bedrooms plus a den, four-and-one-half bathrooms, private pools, summer kitchens, and rooftop terraces. Constructed with CBS concrete block construction and impact glazing, the residences provide modern luxury design and durability in a highly sought-after residential market.
The offering combines the stability of in-place income with future flexibility. Two of the three residences are currently leased, generating verified rental income, while the third residence offers immediate lease-up potential or owner-user flexibility. Because each residence is separately deeded, ownership maintains the ability to sell individual units in the future, creating multiple exit strategies.
Coral Ridge is one of Fort Lauderdale's most desirable residential neighborhoods, positioned between the Intracoastal Waterway and Federal Highway and just minutes from Fort Lauderdale Beach, Las Olas Boulevard, Downtown Fort Lauderdale, Brightline, Coral Ridge Country Club, and Fort Lauderdale-Hollywood International Airport. The neighborhood's limited supply of new construction, driven largely by teardown-and-redevelopment activity, continues to support long-term property values and demand from executive-level renters and homebuyers. The combination of new construction, luxury amenities, coastal accessibility, and strong neighborhood fundamentals positions The Villas at Coral Ridge as a distinctive investment opportunity within a supply-constrained South Florida market.
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Asking Price
$7,500,000
Listing Courtesy of Cushman & Wakefield
Virgilio Fernandez, CCIM, MSIRE
Virgilio Fernandez, CCIM, MSIRE
Cushman & Wakefield
Inquire about this property
Key highlights
  • Three newly built luxury townhome residences offered as one package.
  • Separately deeded homes provide future disposition flexibility.
  • Located minutes from Fort Lauderdale Beach and Las Olas Boulevard.
  • Two residences are leased with verified in-place rental income.
  • Private pools, rooftop terraces, and summer kitchens in every residence.
  • CBS construction with impact glazing and Zone X flood designation.
Appraiser Data
Parcel Control No.494236390030
Source: Broward County Appraiser Records
Proximity
✈ Airports
Palm Beach Intl (PBI) 36.8 mi
Ft. Lauderdale (FLL) 11.2 mi 22 min drive
Miami Intl (MIA) 36.4 mi 58 min drive
⚓ Seaports
Port of Palm Beach 43.0 mi
Port Everglades 4.0 mi
PortMiami 26.0 mi
Building Specifications
CityFort Lauderdale, FL
ZIP Code33305
ZoningRC-15 - Multifamily
Year Built2023
Total Building SF15,674 SF
Total Available2,500,000 SF
Lot Size0.28 AC
ConstructionCBS concrete block, impact glazing, flat roof
Parking Ratio2.63/1,000 SF
AmenitiesPool; Spa; Grill; Roof Terrace
Walk Score60/100