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505 SE 16th St

Fort Lauderdale, FL 33316
  • $4,500,000
  • STATUS: Active
  • ON SITE: 59 Days
  • ID#: F10358547
UPDATED: 34 min ago
$4,500,000
  • 0
    BEDS
  • 0.49
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1975
County:
Area:

School Ratings & Info

Description

This asset is currently licensed as a 13 hotel unit hotel with spacious furnished units and private bathrooms including a large office and 1/1 managers suite. All units are renovated including newer roofs and impact windows. Directly behind the office is a vacant cement lot which has endless potential. The seller had plans to convert this lot into a dog park for an upcharge on rooms or a mini golf course. This Hotel has gorgeous landscaping throughout and a tiki bar for guests to kick back and relax. Turnkey business, easy to run and manage. This is a great short term rental business with a stellar reputation and repeat clientele. The seller will consider owner financing

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All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2023 BeachesMLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2023-01-30T18:19:03.017.
www.scottschneidergroup.com/homes/135162203
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505 SE 16th St Fort Lauderdale, FL 33316

  • Price: $4,500,000
  • Status: Active
  • On Site: 59 Days
  • Updated: 34 min ago
  • ID#: F10358547
0
Beds
0
Baths
0
½ Baths
0.49
Acres
1975
Built
Neighborhood:
Lauderdale Hotel
County:
Broward
Area:
3600
Property Description
This asset is currently licensed as a 13 hotel unit hotel with spacious furnished units and private bathrooms including a large office and 1/1 managers suite. All units are renovated including newer roofs and impact windows. Directly behind the office is a vacant cement lot which has endless potential. The seller had plans to convert this lot into a dog park for an upcharge on rooms or a mini golf course. This Hotel has gorgeous landscaping throughout and a tiki bar for guests to kick back and relax. Turnkey business, easy to run and manage. This is a great short term rental business with a stellar reputation and repeat clientele. The seller will consider owner financing
Exterior Features

Approximate Lot Size 0.49 Location Of Property Central Business DistrictNear AirportNear SeaportIn Residential Area Parking Spaces 14 Type Of Property Hotel Waterfront Property YN No

Interior Features

Cooling Description Central Individual A/C Heating Description Central Individual A/C Sq Ft Total 6869

Property Features

Auction YN No Building Name Number Lauderdale Hotel Geographic Area Ft Ldale Se (3280;3600;3800) Property Sq Ft 21450 Security Information Fenced Sewer Description Public Sanitation Terms Considered CashConventional/RefinanceExchangeOwner Financing Water Description Public Water Year Built Description Resale Zoning Information Ro

Listing provided courtesy of Level Realty Partners, Llc: [IDXCONTACTINFORMATION]. Listing information © 2023 BeachesMLS


All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2023 BeachesMLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2023-01-30T18:19:03.017.
 
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Scott Schneider Group at Elevate Real Estate Brokers
6451 N Federal Hwy, Suite 404
Ft Laurderdale FL, 33308