$2,500,000

2648 NE 32nd St, Fort Lauderdale, FL 33306

6,706 sqft

Commercial Property
Built in 1959
0.45acre lot
—— car garage
$373/sqft
Listed 15 days ago

Property Description

ONLINE AUCTION: Bidding 01/04/26 @ 10AM to 01/08/26 @ 11AM. List Price is Opening Bid. Winning Bidder 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.

Listing Status:: Active
Date Added:: December 4, 2025 at 06:00AM
Listing Office:: Ashland Auction Group : (561) 266-4740
Listing Agent:: Adam Shpritz : (410) 365-3595
MLS ID:: F10539676

Flooring: Ceramic TileTile
A/C: Central Air

Parking: Common

Roofing: Concrete
General: Block1

Road/Access: County RoadCity Street
Originating MLS: FTL_FTL
County: Broward

Zoning: CORAL RIDGE GALT ADD NO 2 32-50 B LOT 10 BLK 2494224010230

Water: Public
Sewer: Public Sewer

Source: FTL_FTL

This listing courtesy of Adam Shpritz, Ashland Auction Group

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Oakland Park Elementary School

936 NE 33rd St, Oakland Park, FL, 33334

Grades PK-5

1.42 miles away

Sunrise Middle School

1750 NE 14th St, Fort Lauderdale, FL, 33304

Grades 6-8

1.82 miles away

Fort Lauderdale High School

1600 NE 4th Ave, Fort Lauderdale, FL, 33305

Grades 9-12

2.14 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.