POST AUCTION/BUY NOW. Deposit: $100k. Casitas Coral Ridge is a stabilized, high-performing 16-unit asset in Ft Lauderdale’s high-barrier coastal market. Situated on a massive ±0.45-acre lot w/ 200ft frontage, this turnkey boutique hotel offers immediate cash flow. 2024 Gross ~$600k | NOI ±$442k. UNIT MIX: 16 Licensed Units across 2 bldgs: (8) 1-Bed w/ Kitchens, (5) Standard, (3) Studios w/ Kitchenettes. VALUE ADD: Convert office back to guest suite for proj +$30k-$40k/yr. Amenities: Tiki terrace & laundry. PRIME LOCATION: 0.2 mi to Coral Ridge Mall, 0.6 mi to Beach, 15 min to FLL.
F10539676
MLSⓇ ID
98
Days On Market
1959
Property Year
HotelMotel, Warehouse
Structure Type
Features and Amenities
Other Features
CeramicTile, Tile
Has Cooling System
Has Heating System
Other
Property Map
Map
Disclaimer
Property ID - F10539676
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.