Fort Lauderdale, FL 33304
$12,000,000
Property Type:
Commercial Sale
Square Footage:
10,984
Status:
Closed
Current Price:
$12,000,000
List Date:
11/12/2020
Last Modified:
1/24/2026
Description
Highly successful, beautifully appointed internationally known Resort on Central Fort Lauderdale Beach.The property offers an investor a solid stable investment return.There is also an opportunity to redevelop or reposition the asset, which is in the NBRA North Beach Residential Area zoning of the central beach district.The Resort is comprised of a three-building interconnected compound. It offers 63 guest rooms,3 swimming pools,2 large hot tubs and a fitness room.The total building size is 26,184SF with a lot size of 38,482SF.The property is a mere 2 blocks from beautiful Fort Lauderdale Beach and within walking distance of numerous Restaurants and Cafes.
Supplements: The resort has received many hospitality awards through the years, which includes “Trip Advisor’s Certificate of Excellence” for the past 10 years.
More Information MLS# F10258327
Contract Information
Comp Sale YN: No
Listing Contract Date: 2020-11-12
Status: Closed
Original List Price: 15000000
Sold Price: $12,000,000
Current Price: $12,000,000
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)
Subdivision Number: 4
State Or Province: FL
Postal Code +4: 4013
Directions: Contact listing agent for more details.
General Property Information
Lot Size Area: 12991
Property Sub Type: Business
Building Area Main: 10984
Year Built: 1978
Office/Member Information
DXORIGMLSID: FLL
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2021-10-22T14:55:44Z
Major Change Type: Status Change
Status Change Date: 2021-12-14
Under Contract Date: 2021-07-29
Close Date: 2021-10-22
Close Price: 12000000
Fencing
Fenced: 1
Structure Type
Hotel/Motel: 1
Warehouse: 1
Possession
Negotiable: 1
Business Type
Commercial: 1
Sale Includes
Business: 1
Fixtures: 1
Construction Materials
Block: 1
Concessions
Seller Concessions: No
Price Calculations
Current Price To SqFt: 1092.5
Original List Price To Close Price: 0.8
Financial Information
Tax Year: 2020
Tax Legal Description: BIRCH OCEAN FRONT SUB 19-26 B LOT 14 BLK 4
Originating Details
Originating System Key: 537163972
Originating System ID: M00000170
Property Features
Business Type: Commercial
Fencing: Fenced
Possession: Negotiable
Sale Includes: Business; Fixtures
Construction Materials: Block
Structure Type: Hotel/Motel; Warehouse
Listing Office:
EXP Realty LLC
Last Updated: January - 24 - 2026
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