Triplex With Private
New
For Sale
$7,900,000
1825 26th Ave, Fort Lauderdale, FL 33305
Three upscale townhomes are offered together as one multifamily property with private pools and rooftop terraces.
Property Size14,550 SF
Price / SF$542.96
Days on Market6
Property Features for 1825 26th Ave
General Information
Standard status
Active
Size
14,550 SF
Property subtype
General Commercial
Net Operating Income
$473,500
Financials
Asking Price
$7,900,000
Cap Rate
6%
Gross Income
$552,000
Units
Unit Mix
3 x 4BR+den
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$45,000
Amenities
private pool
rooftop terrace
Thermador kitchen
3
Listing Agency:
One Way Realty Group, LLC
(305) 915-7737
Listed By:
Gevorg Shahbazyan · License #A12043244
(305) 915-7737
Source:
Xome
Added: Aug 9
Changed: Aug 14
Last Checked: Aug 14 at 4:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of One Way Realty Group, LLC
Investment Insights
Based on property information with market context.
This triplex consists of three luxury four-bedroom townhomes, each with a den, private pool, rooftop terrace, and Thermador kitchen. The residences are being offered together as a single multifamily property rather than as separate units. Combined rooftop and under-air area is reported at 14,650 SF.
The property is located at 1825 26th Ave in Fort Lauderdale’s Coral Ridge area and sits immediately adjacent to the Coral Ridge Country Club. The asset carries a reported 6% cap rate, with the three residences previously sold individually and now presented as one investment offering.
The property is located at 1825 26th Ave in Fort Lauderdale’s Coral Ridge area and sits immediately adjacent to the Coral Ridge Country Club. The asset carries a reported 6% cap rate, with the three residences previously sold individually and now presented as one investment offering.
Key Highlights
- Three luxury 4BR + den townhomes offered together
- Each residence includes a private pool and 1200 SF rooftop terrace
- Thermador kitchens in all three townhomes
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$242,546
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.07%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,850,920
$4.9M
Cap Rate 7%
$3,464,943
$3.5M
Cap Rate 9%
$2,694,956
$2.7M
Market Conditions
NOI Build-Up for 14,550 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$366.7K $25.20/SF
− Vacancy
−$20.2K −$1.39/SF
EGI
$346.5K $23.81/SF
− OpEx
−$103.9K −$7.14/SF
NOI
$242.5K $16.67/SF
Area
Fort Lauderdale, FL
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,850,920
Cap Rate 7%
$3,464,943
Cap Rate 9%
$2,694,956
Alternative Uses
Best Use
Multifamily LT 5
$3.46M
$3.03M – $4.04M
NOI $242,546 @ 7.0% cap · market cap 3.07%
Second Best
Apartment 5plus
$3.12M
$2.73M – $3.64M
NOI $218,487 @ 7.0% cap · market cap 2.77%
Theoretical Best
Office A
$9.78M
$8.56M – $11.41M
NOI $684,432 @ 7.0% cap · market cap 8.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
872
Businesses Nearby
Explore this area
Business Placement
Demographics for 33305, FL
12,044
Population
8,285
Households
1.5
Avg Household Size
52
Median Age
54%
College-Educated
96%
High-School Grad
2.2 sq mi
ZIP Area
5,475
Density / Sq Mi
$89,944
Median Household Income
$60,924
Median Earnings
$1,850
Median Rent
$558,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three upscale townhomes are offered together as one multifamily property with private pools and rooftop terraces.
Where is this triplex located?
The property is located at 1825 26th Ave Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $7,900,000.
What are key features of this property?
This property features: Three luxury 4BR + den townhomes offered together; Each residence includes a private pool and 1200 SF rooftop terrace; Thermador kitchens in all three townhomes
