UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 6,545 sqft
Price per Sqft $456
MLS Listing ID A11744285
HOA Y/N No
Year Built 1950
Annual Tax Amount $43,361
Lot Size 0.372 Acres
Property Sub-Type Hotel/Motel
Property Description
Located in the vibrant this fully operational 20-room hotel is a rare find for investors seeking a high-yield hospitality asset. Spanning 16,184 Square Feet (Land), this single-story property offers seamless functionality and immediate revenue potential.
Built in 1950, located 1 mile South of Ft Lauderdale Airport, on US1 / Federal Hwy, a major Thorofare for hotels. benefits include the high visibility along Federal Highway. On-site parking and access to Hard Rock Stadium, The Guitar Hotel, 2K to the Beach, Wynwood, South Beach. This is a centralized location for any place in South Florida. This property is ideally positioned for strong occupancy rates.
it's a turn-key investment & ready for an operator looking to capitalize on the World Cup tourism industry
Location
State FL
County Broward
Area 3010
Exterior
Private Pool Yes
Others
Tax ID 514203106180
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11744285
Nearby Locations
"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."