![Real estate property located at 1320 26th St, Broward County, Fort Lauderdale, FL](https://listings-cdn.realopen.com/miami/IMG-A11344372_1.jpg)
![Real estate property located at 1320 26th St, Broward County, Fort Lauderdale, FL](https://listings-cdn.realopen.com/miami/IMG-A11344372_2.jpg)
![Real estate property located at 1320 26th St, Broward County, Fort Lauderdale, FL](https://listings-cdn.realopen.com/miami/IMG-A11344372_3.jpg)
![Real estate property located at 1320 26th St, Broward County, Fort Lauderdale, FL](https://listings-cdn.realopen.com/miami/IMG-A11344372_4.jpg)
![Real estate property located at 1320 26th St, Broward County, Fort Lauderdale, FL](https://listings-cdn.realopen.com/miami/IMG-A11344372_5.jpg)
![Real estate property located at 1320 26th St, Broward County, Fort Lauderdale, FL](https://listings-cdn.realopen.com/miami/IMG-A11344372_6.jpg)
![Real estate property located at 1320 26th St, Broward County, Fort Lauderdale, FL](https://listings-cdn.realopen.com/miami/IMG-A11344372_7.jpg)
![Real estate property located at 1320 26th St, Broward County, Fort Lauderdale, FL](https://listings-cdn.realopen.com/miami/IMG-A11344372_8.jpg)
![Real estate property located at 1320 26th St, Broward County, Fort Lauderdale, FL](https://listings-cdn.realopen.com/miami/IMG-A11344372_9.jpg)
![Real estate property located at 1320 26th St, Broward County, Fort Lauderdale, FL](https://listings-cdn.realopen.com/miami/IMG-A11344372_10.jpg)
![Real estate property located at 1320 26th St, Broward County, Fort Lauderdale, FL](https://listings-cdn.realopen.com/miami/IMG-A11344372_11.jpg)
![Real estate property located at 1320 26th St, Broward County, Fort Lauderdale, FL](https://listings-cdn.realopen.com/miami/IMG-A11344372_12.jpg)
![Real estate property located at 1320 26th St, Broward County, Fort Lauderdale, FL](https://listings-cdn.realopen.com/miami/IMG-A11344372_13.jpg)
![Real estate property located at 1320 26th St, Broward County, Fort Lauderdale, FL](https://listings-cdn.realopen.com/miami/IMG-A11344372_14.jpg)
FOR SALE
1320 26th St
Broward County, Fort Lauderdale, FL
FOR SALE
Asking
$3,999,000
BTC
58.946
ETH
1,224.08
Year Built
1946
The physical property consists of two buildings total of 5,507 SF, well situated on a large 15,565 SF lot. The property has 16 rooms with a total of 35 beds. The facility is fully licensed and operating and is currently 100% occupied with 35 residents with a waiting list. Experienced staff will remain after closing. The facility generated $781,630 in gross revenue in 2022, and net $350,461 a year. Projected gross revenue for 2023 is expected to go up to $940,830 with net income raising to $513,505. This income provides a strong 12.8% capitalization rate at a full asking price. This is an excellent investment opportunity in a market with very limited inventory.
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