4850 Southwest 26th Avenue

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Address: 4850 SW 26th Ave, Fort Lauderdale, FL 33312, USA
Florida & Gulf Coast + Apartment Buildings
Created date: August 5, 2026
Date last updated: October 2, 2026
Price: $2,500,000Investment Analyzer NEW!
  • "Immediate In-Place Income with Turnkey Hospitality Conversion Upside." Because all heavy capital expenditures—most notably the underground PVC re-piping, 2020 impact glass, new electrical, and roof work—are 100% complete, an investor incurs zero initial CapEx while optimizing revenue through short-term rental (STR) operations.

Property Description

Financial Assumptions for the STR Pro Forma 1. Revenue Drivers ● Conservative STR: 72% average annual occupancy (high season ~85–90%, low season ~55–60%). ○ 4x 1/1s: $150/night $times$ 365 days $times$ 0.72 = $39,420/yr per unit. ○ 2x 2/1s: $225/night $times$ 365 days $times$ 0.72 = $59,130/yr per unit. ● Max Optimized STR: Higher ADRs driven by professional design, pool/amenity additions, and dynamic pricing tools (Price Labs/Wheelhouse). ○ Includes ~$6,000/year in ancillary income (pet fees, early check-in/late check-out fees, laundry). 2. Expense Adjustments (STR-Specific) ● Property Taxes & Insurance: Retained at re-assessed estimates ($45,000 taxes + $20,000 adjusted commercial lodging/STR insurance rider). ● Utilities (Owner Paid): Increased to $12,000–$13,500/yr to cover FPL, water, high-speed Wi-Fi, and TV streaming subscriptions across 6 units. ● Cleaning Fees: Structured as a pass-through cost (paid directly by guests via booking platforms). ● Management & Tech Stack: Budgeted at 12–15% for automated operations or third-party co-hosting software. 1. Highlight the DSCR Turnaround: LTR, the property fails traditional DSCR financing (0.46x). Under the optimized STR model, DSCR jumps to 1.61x, opening up commercial STR/DSCR loan options. 2. Initial Capex ROI: $75,000–$90,000 Turnkey Conversion Budget ($10k–$12k per unit for commercial-grade furniture, digital locks, decor, and outdoor amenities). Show that this single upfront investment transforms a $60k/year cash loss into a ~$68k/year positive yield. 3. Location Advantage: Dania Beach allows for streamlined municipal short-term rental registration, positioning this asset to capture high-volume airport layover and pre/post-cruise demand.
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Broker Details

Alexis Lizama
Alexis Lizama

615 - NRT 305-409-3045

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Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $2,500,000
No. of Units: 6
Year Built: 1972
Lot Size: 0.28 Acres
Opportunity Zone: No
Price per unit: $416,667
Property Website Click Here
Address: 4850 Southwest 26th Avenue, Fort Lauderdale, FL 33312, USA
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