For Sale
$14,999,000

3086 Harbor DrFort Lauderdale, FL 33316

Beachfront Boutique Hotel, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional investment opportunity presents a fully renovated, 39-room boutique hotel ideally situated in Fort Lauderdale, Florida. The property boasts two buildings, each three stories high, constructed in 1951 and completely modernized in 2019. The hotel features a mix of 24 rooms in one building and 15 in the other, all equipped and ready for immediate occupancy. Amenities include two inviting pools, a convenient on-site industrial laundry, and a versatile conference room. The property also offers attractive outdoor spaces such as roof patios and a barbecue facility, along with a bar and lounge area, enhancing guest experience and rental potential. Its prime location places it just steps from the beach, two miles from the Broward Convention Center, and three miles from Port Everglades, making it highly attractive to both leisure and business travelers. The hotel's design incorporates suites and deluxe features, creating a high-value proposition for guests. The property sits on two parcels totaling over 26,000 square feet, offering significant redevelopment potential. With its strong income generation and prime location, this hotel represents a compelling investment opportunity in the thriving Fort Lauderdale market. The asking price is $14,999,000.

Highlights

  • Fully renovated 39-room boutique hotel in Fort Lauderdale, FL.
  • Two three-story buildings (1951 construction, modernized 2019) with 24 and 15 rooms respectively.
  • Amenities include two pools, on-site laundry, conference room, roof patios, BBQ area, and bar/lounge.
  • Prime location: steps from the beach, near Broward Convention Center & Port Everglades.
  • Sits on two parcels totaling over 26,000 square feet, offering redevelopment potential.
  • Asking price: $14,999,000.

Property Details for 3086 Harbor Dr

Property type
Hospitality properties, Hotels
Year Built
1951
Buildings
2
Stories
3

Location Insight

City
Fort Lauderdale
County
Broward
State
Florida
Latitude
26.1084921
Longitude
-80.1077208
3086 Harbor Dr, Fort Lauderdale, Florida

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3086 Harbor Dr
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