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    101-105 SE 26Th St Fort Lauderdale, FL 33316

    For Sale
    $4,000,000

    16-unit multifamily property with strong upside potential in prime location.

    Lot size:
    0.43 Acres

    Property Features for 101-105 SE 26Th St

    General Information

    Lot size
    0.43 Acres

    Building Details

    Year built
    1975

    Source: Levy Realty Advisors LLC Agent Lielle Sosa

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fort Lauderdale Multifamily Investment Opportunity

    This offering presents a 16-unit multifamily property, consisting exclusively of two-bedroom, one-bathroom units. The property comprises two buildings, each with eight units, designed in a two-story garden style. Located in a rapidly growing area, the property provides 2.5 parking spaces per unit and includes on-site coin laundry facilities. The roof was replaced in 2023 and comes with a transferable warranty. Currently, the building is fully occupied under a master lease that allows for flexible termination. The master lease rents average between $1,350 and $1,450 per month, which is approximately 18% below market rates, suggesting a significant opportunity for increased revenue. The property benefits from a prime location near US-1, Brightline, Fort Lauderdale-Hollywood International Airport (FLL), and downtown Fort Lauderdale.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1388581
    Latitude
    26.0912002

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    FAQs

    What type of property is this?
    Apartment building - 16-unit multifamily property with strong upside potential in prime location.
    Where is this apartment building located?
    The property is located at 101-105 SE 26Th St Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: - All units are 2-bedroom/1-bath, the only multifamily property of this type in the submarket.; - Prime location near US-1, Brightline, FLL Airport, and downtown Fort Lauderdale.; - Fully occupied under a master lease with flexible termination.
    (646) 709-5537
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    101-105 SE 26Th St Fort Lauderdale, FL 33316
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    101-105 SE 26Th St Fort Lauderdale, FL 33316
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