Basic Information

  • MLS # F10358547
  • Type Hotel Motel
  • Status Closed
  • Year Built 1975
  • Total Size 21,450 Sq.Ft / 0.49 Acre
  • Date Listed 12/01/2022
  • Days on Market 194
Description

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

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description
  • Style Hotel Motel

Interior Features

  • Adjusted Sqft 0.49 AcreSq.Ft
  • Cooling Description Central Air
  • Heating Description Central
  • Sqft 0.49 Acre Sq.Ft

Property Features

  • Address 505 SE 16th St
  • Aprox. Lot Size 21,450
  • Furnished Info no
  • Listing Terms Cash, Conventional, Exchange1031, Owner May Carry
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $0
  • Tax Year 0
  • Terms Considered Cash, Conventional, Exchange1031, Owner May Carry
  • Type of Property Hotel Motel

505 SE 16th St

Fort Lauderdale, FL 3316

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Level Realty Partners, LLC. tel: (954) 951-3356

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