701 Bayshore Drive, Fort Lauderdale, FL 33304
$11,000,000
Property Type:
Commercial Sale
Square Footage:
13,093
Lot Size (sq. ft.):
12,197
Status:
Closed
Current Price:
$11,000,000
List Date:
12/27/2024
Last Modified:
1/24/2026
Description
Prime Intracoastal location. Mid Century Modern Property currently operated as an all suites hotel transitioning to annual furnished apartment rentals as of May 1, 2025. All units separately metered. Club Nibbles waterfront restaurant included in the purchase. 6 direct Intracoastal Apartments plus 7 pool side apartments. (See Executive Summary attached along with informative video of the property and the area from the link under "Virtual Tour". A 4 unit multi- family property across the street also available with the purchase of this property. Not available separately.Note: Property to the south also available by different owner.
More Information MLS# F10474240
Contract Information
Comp Sale YN: No
Listing Contract Date: 2024-12-26
Status: Closed
Original List Price: 12500000
Sold Price: $11,000,000
Current Price: $11,000,000
Location and Legal
County Or Parish: Broward
County Parish Name: Broward
City Name: Fort Lauderdale
Postal Code: 33304
Geographic Area: FBEA - Ft Lauderdale Beach (3130-3170)
Country: United States
Street Number: 701
Street Name: Bayshore
Street Suffix: Drive
State Or Province: FL
Area: 3170
Parcel Number: 504201060760
Zoning: IOA
Directions: A1A south of Sunrise Blvd to Terra Mar. West to Intracoastal. North to property on left with towering staircase.
General Property Information
Stories Total: 3
Property Sub Type: Hotel/Motel
Building Area Main: 13093
Year Built: 1957
Parking Total: 10
Lot Size Acres: 0.28
Currently Not Used
Ownership Type: Partnership
Office/Member Information
DXORIGMLSID: FLL
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2025-05-23T19:42:31Z
Major Change Type: Status Change
Price Change Timestamp: 2025-02-15T15:36:16Z
Status Change Date: 2025-05-24
Under Contract Date: 2025-05-10
Close Date: 2025-05-23
Close Price: 11000000
Flooring
Ceramic Tile: 1
Marble: 1
Slate: 1
Foundation Details
Piling: 1
Parking Features
Guest: 1
Property Condition
Resale: 1
Documents Available
Aerial Photo(s): 1
Meter Information
Number Of Meters Total: 15
Structure Type
Hotel/Motel: 1
Warehouse: 1
Location of Property
Location In A Flood Zone: 1
Sewer
Public Sewer: 1
Utilities
Natural Gas Available: 1
Building and Property Details
Maximum Ceiling Height: 102
Building Features
Coffee Shop: 1
Elevator(s): 1
Fenced Area: 1
Kitchen Facilities: 1
Public Restroom(s): 1
Restaurant: 1
Business Type
Commercial: 1
Heating
Central Individual: 1
Sale Includes
Business: 1
Furniture: 1
Construction Materials
CBS: 1
Second/Third Floor Concrete: 1
Lot Features
Landscaped: 1
Road Frontage Type
City Street: 1
Roof
Concrete: 1
Water Source
Public: 1
Cooling
Central Individual: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Contingencies
Financing: 1
Concessions
Seller Concessions: No
Price Calculations
Current Price To SqFt: 840.14
Original List Price To Close Price: 0.88
Originating Details
Originating System Key: 590840975
Originating System ID: M00000170
Property Features
Building Features: Coffee Shop; Elevator(s); Fenced Area; Kitchen Facilities; Public Restroom(s); Restaurant
Business Type: Commercial
Documents Available: Aerial Photo(s)
Flooring: Ceramic Tile; Marble; Slate
Foundation Details: Piling
Heating: Central Individual
Location of Property: Location In A Flood Zone
Parking Features: Guest
Property Condition: Resale
Sale Includes: Business; Furniture
Construction Materials: CBS; Second/Third Floor Concrete
Cooling: Central Individual
Lot Features: Landscaped
Road Frontage Type: City Street
Roof: Concrete
Sewer: Public Sewer
Structure Type: Hotel/Motel; Warehouse
Utilities: Natural Gas Available
Water Source: Public
Showing Requirements: Appointment Only; Call Listing Agent
Contingencies: Financing
Listing Office:
Distinctive Real Estate Inc
Last Updated: January - 24 - 2026
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