For Sale
$10,500,000

3020 Seville StFort Lauderdale, FL 33304

Beachfront Hotel, 25 Keys, $10.5M

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional Fort Lauderdale hotel, located directly across from Las Olas Beach, offers 25 keys and is poised for immediate success. The property boasts two renovated three-story buildings totaling 8,973 square feet on a 12,500 square foot lot, zoned PRD (Planned Resort Development District). Each of the 25 rooms features a fully equipped kitchen, TV, high-speed internet, and central air conditioning. Amenities include an on-site pool and jacuzzi, and ten designated parking spaces are available. The hotel underwent a complete renovation in 2024, resulting in a condition comparable to a brand-new building. This presents a unique investment opportunity, with the seller considering a master leaseback option and offering seller financing. The prime location, across from Las Olas Beach and steps from Fort Lauderdale's central beach, ensures high occupancy rates and strong rental income. The property's modern elegance and coastal charm create a warm and inviting atmosphere for guests. This is a turnkey operation ready for immediate revenue generation. The asking price is $10,500,000, or $420,000 per key. The property is located at 3020 and 3024 Seville St, Fort Lauderdale, FL 33304.

Highlights

  • Newly renovated hotel, delivered in as-new condition.
  • Master leaseback option available.
  • Seller financing offered.

Property Details for 3020 Seville St

Property type
Hospitality properties, Motels
Year Renovated
2024
Buildings
2
Stories
3

Location Insight

City
Fort Lauderdale
County
Broward
State
Florida
Latitude
26.1256708
Longitude
-80.1047757
3020 Seville St, Fort Lauderdale, Florida

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3020 Seville St
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