$2,300,000
$2,400,000
4.2%For more information regarding the value of a property, please contact us for a free consultation.
1150 S Federal Hwy Dania Beach, FL 33004
5,977 SqFt
Key Details
Sold Price $2,300,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 5,977 sqft
Price per Sqft $384
MLS Listing ID A11424275
Sold Date 11/27/23
Style Detached
HOA Y/N No
Year Built 1951
Annual Tax Amount $20,045
Lot Size 0.370 Acres
Acres 0.37
Property Description
An existing 20-room hotel with landlord flexibility on a 0.37-acre lot & situated on the highly trafficked US-1/Federal Highway corridor. Currently being operated as a Deluxe Inn, this turn-key hotel/ motel asset is fully equipped, furnished & ready for immediate operation without the need for any additional setup or preparation. This is a rare opportunity for a new owner/operator to come in & either start running the business, or executing a fresh master lease for the property without any significant delays or additional investment in furnishings or infrastructure.
Located in the heart of the developing Dania Beach area, this property is in close proximity to Ft. Lauderdale International Airport, Port Everglades, Dania Beach Casino, Dania Pointe & the major I-595 & I-95 thoroughfares.
Location
State FL
County Broward County
Area 3020
Exterior
Waterfront No
Building
Story 1
Architectural Style Detached
Level or Stories One
Others
Tax ID 514203106360
Financing Cash
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Bought with APEX Capital Realty LLC