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.
