For Sale
$990,000
1112 5Th AveFort Lauderdale, FL 33304
High-Return Motel, 16 Beds, Prime Location
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 114
Highlights
- $990,000 asking price for this Fort Lauderdale motel.
- 8-room, 16-bed motel with significant value-add potential.
- Located near Las Olas Boulevard, Fort Lauderdale Airport, and Port Everglades.
- 2,550 square feet on a 6,751 square foot lot.
- 9.46% current cap rate, 15.80% pro-forma cap rate.
- $93,696 current NOI, $156,448 pro-forma NOI.
Property Details for 1112 5Th Ave
- Property type
- Hospitality properties, Motels
- Square Feet
- 2,550 SF
- Year Built
- 1986
- Buildings
- 1
- Stories
- 1
Location Insight
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Latitude
- 26.13931045929
- Longitude
- -80.139522020811
1112 5Th Ave, Fort Lauderdale, Florida
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