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Gelfand Realty Miami Properties for Sale - Commercial for Sale

505 SE 16TH ST, FORT LAUDERDALE, FL 3316

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Asking Price$4,500,000

  • Year Built 1975
  • Property Type:

    Commercial
  • Cooling Description:

    Central Individual A/C
  • Heating Description:

    Central Individual A/C
  • Sewer Description:

    Public Sanitation

Description

$4,500,000

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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