New ListingThis 25-unit asset presents a compelling opportunity for a hospitality focused investor seeking scale, character, and immediate income. Originally constructed in 1945 & 1946 but fully gut-renovated with an effective year of 2026, the property offers a distinct architectural identity that aligns well with boutique or full-service hospitality concepts, while its unit count provides operational efficiency and revenue diversification. The building's layout and vintage charm create a strong foundation for repositioning or continued use as a high-demand lodging asset.Currently operating with strong occupancy, the property delivers stabilized cash flow from day one, minimizing vacancy risk and providing a reliable income stream. The consistent occupancy underscores the asset's functionality and appeal, while also offering a clear runway for a new owner to enhance revenue through strategic upgrades, branding, or service expansion. The property is well-suited for centralized management and streamlined operations typical of hospitality investments.The combination of its boutique appeal and new renovations offers a rare value-add opportunity in today's market. Investors can capitalize on the existing performance whileimplementing a tailored vision to elevate the asset-whether through enhanced amenities or repositioning within the hospitality spectrum. This is a unique chance to acquire a stabilized yet flexible property with strong fundamentals and significant upside potential.
| MLS # | A12083379 |
|---|---|
| Listing Type | For Sale |
| Style | Hotelmotel |
| Sub-Type | Resale |
| Status | Active |
| Year | 1946 |
| Days On Site | 6 |
| Listing Provided By | La Rosa Realty LLC | Lou C Corda |
| SQ Feet | 8,973 |
|---|---|
| Pool | Yes |
| Zoning | ABA |
| Acreage | 0.14 |
| Lot Features | City Lot, Landscaped |
|---|
| Parking Features | Guest |
|---|
| Community Features | Laundry Facilities, Pool |
|---|
| State | FL |
|---|---|
| County | Broward |
| City | Fort Lauderdale |
| Zip Code | 33304 |
| Area | 3160 |
| Subarea | FBEA Ft Lauderdale Beach (3130 3170) |
| Listing VS Median (in 33304) | |
Price: $11,500,000 low | high Med: $269,500 sqft: 8,973 low | high Med: 900 $ / sqft: $1,282 low | high Med: $322 On site: 6 low | high Med: 63 | |
| State | FL |
|---|---|
| County | Broward |
| City | Fort Lauderdale |
| Zip Code | 33304 |
| Area | 3160 |
| Subarea | FBEA Ft Lauderdale Beach (3130 3170) |
| Listing VS Median (in 33304) | |
Price: $11,500,000 low | high Med: $269,500 sqft: 8,973 low | high Med: 900 $ / sqft: $1,282 low | high Med: $322 On site: 6 low | high Med: 63 | |