$12,000,000
$15,000,000
20.0%For more information regarding the value of a property, please contact us for a free consultation.
Address not disclosed Fort Lauderdale, FL 33304
Key Details
Sold Price $12,000,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID F10258327
Sold Date 10/22/21
HOA Y/N No
Year Built 1978
Tax Year 2020
Property Description
Highly successful, beautifully appointed internationally known Resort on Central Fort Lauderdale Beach.The property offers an investor a solid stable investment return.There is also an opportunity to redevelop or reposition the asset, which is in the NBRA North Beach Residential Area zoning of the central beach district.The Resort is comprised of a three-building interconnected compound. It offers 63 guest rooms,3 swimming pools,2 large hot tubs and a fitness room.The total building size is 26,184SF with a lot size of 38,482SF.
The property is a mere 2 blocks from beautiful Fort Lauderdale Beach and within walking distance of numerous Restaurants and Cafes.
Location
State FL
County Broward County
Area Ft Lauderdale Beach (3130-3170)
Exterior
Water Access N
Private Pool No
Building
Foundation Concrete Block Construction
Others
Pets Allowed No
Security Features Fenced
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Bought with Castelli Real Estate Services
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