, Fort Lauderdale, FL 33304 (MLS# F10258327)

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

Overview

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.

Listing Details MLS# F10258327

General Property Information

Property Sub Type
Business
Building Area Main
10984
Year Built
1978
Lot Size Area
12991

Property Features

Business Type: Commercial Fencing: Fenced Possession: Negotiable Sale Includes: Business; Fixtures Construction Materials: Block Structure Type: Hotel/Motel; Warehouse

Contract Information

Comp Sale YN
No
Listing Contract Date
2020-11-12
Original List Price
15000000

Location and Legal

County Or Parish
Broward
County Parish Name
Broward
City Name
Fort Lauderdale
State Or Province
FL
Postal Code
33304
Postal Code +4
4013
Geographic Area
FBEA - Ft Lauderdale Beach (3130-3170)
Subdivision Number
4
Directions
Contact listing agent for more details.

Financial Information

Tax Year
2020
Tax Legal Description
BIRCH OCEAN FRONT SUB 19-26 B LOT 14 BLK 4

Status Change Information

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
Buyer Financing
Cash

More Information

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
1092.5
Original List Price To Close Price
0.8

Originating Details

Originating System Key
537163972
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
FLL

Fencing

Fenced
Yes

Structure Type

Hotel/Motel
Yes
Warehouse
Yes

Possession

Negotiable
Yes

Business Type

Commercial
Yes

Sale Includes

Business
Yes
Fixtures
Yes

Construction Materials

Block
Yes
Listing Office: EXP Realty LLC
IDX
Last Updated: January - 24 - 2026
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