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For Sale Available Listing #82071

6,726 SF Hotel For Sale — $4,550,000 — 2648 NE 32nd St, Fort Lauderdale – #82071

2648 NE 32nd St · Entire Property · Fort Lauderdale, FL 33306
6,726 SFAvailable space
HotelProperty type
22Parking spaces
1959Year built
Quick Unit Specs
For Sale
$4,550,000 Asking Price
$676.48 Price / SF
9.34% Cap Rate
$425,000 NOI
99 / 257 days Days on market / avg to sell
The Space
6,726 SF Sq Ft
Hotel Type
Entire Property 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
22 spaces Estimated Parking
3.27 Parking Ratio
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Space Description & Highlights
1500 Nashville, TN 37203
Floor Plan
Floor plan not available yet Ask us and we'll get it to you as soon as it's available.
Building Description
Executive Summary
Broker Of Record
Kyle Matthews
Matthews Real Estate Investment Services, Inc
BK3554632, CQ1066435 (FL)
1600 West End Ave, Ste. 1500 Nashville, TN 37203
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Asking Price
$4,550,000
Listing Courtesy of Matthews Real Estate Investment Services
Julio Leyva
Julio Leyva
Matthews Real Estate Investment Services
Inquire about this property
Key highlights
  • 9.33% going-in cap rate with $425,000 in demonstrated in-place NOI
  • 16 boutique keys — suites, studios & hotel rooms
  • Office-to-suite upside: add a key with no new footprint
  • 83% occupancy rate with high year-round utilization
  • One mile to Fort Lauderdale Beach
  • Scarce boutique inventory in Coral Ridge — limited competition
Appraiser Data
Parcel Control No.494224010230
Source: Broward County Appraiser Records
Proximity
✈ Airports
Palm Beach Intl (PBI) 35.6 mi
Ft. Lauderdale (FLL) 12.3 mi 21 min drive
Miami Intl (MIA) 37.5 mi 58 min drive
⚓ Seaports
Port of Palm Beach 41.8 mi
Port Everglades 5.2 mi
PortMiami 27.2 mi
Building Specifications
CityFort Lauderdale, FL
ZIP Code33306
Year Built1959
Total Building SF6,726 SF
Lot Size0.46 AC
Parking Ratio3.27/1,000 SF
Walk Score80/100