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2648 NE 32nd St
Fort Lauderdale, FL 33306 Coral Ridge Country Club Estates

$4,550,000 USD

Hotel For Sale  •  6,726 SF

Property Details

• Property Type Hotel
• Total Building Size 6,726 SF
• Lot Size 0.46 AC
• Building Class B
• Year Built 1959
• Cap Rate 9.34 %
• Zoning RMM-25

30 Transit Score

80 Walk Score

Highlights

9.33% going-in cap rate with $425,000 in demonstrated in-place NOI

83% occupancy rate with high year-round utilization

16 boutique keys — suites, studios & hotel rooms

One mile to Fort Lauderdale Beach

Office-to-suite upside: add a key with no new footprint

Scarce boutique inventory in Coral Ridge — limited competition

Cap Rate:

9.34 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
Cypress Creek (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	11 min	-	4.7 mi
Fort Lauderdale (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	16 min	-	7.5 mi
Airport	Drive	Walk	Distance
Fort Lauderdale/Hollywood International	23 min	-	12.3 mi
Miami International	59 min	-	37.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	22
Type:	Surface
Included in Rent:	Yes