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Browse More Listings in Hotel & Motel For Sale, Fort Lauderdale, FL or Florida

Hotel / Motel For Sale

America's Best Inn

3001 S Federal Hwy, Fort Lauderdale, FL 33316

Price:
$3,000,000
No. Rooms:
15
Building Size:
5,690 SF
Price/Room:
$200,000
Property Type:
Hotel & Motel
Property Sub-type:
Economy/ Limited Service
Additional Sub-types:
Office Condo
Property Use Type:
Investment
Commission Split:
3%
No. Stories:
1
Year Built:
1947
Lot Size:
27,500 SF
Parking Ratio:
16 / 1,000 SF
Find Out More...

Last Verified 11/3/2009 Listing ID 14732517

Highlights

Gateway to Fort Lauderdale...Perfect Location!!!
Can build up to 150 Ft per zoning
Completely Renovated franchise

Airport, Port Evergaldes and downtown 5 mins away
Zoning is now B3
Over 27,000 sq ft of land....wow!

Description

Could be sold alone or as a cluster sale with adjacent properties 905 SW 18th St, and 3004 and 3008 SE 4th Ave. Offered at $2,600,000** (OFFERED AT $5.6 FOR TOTAL COMBINED CLUSTER)

Fort Lauderdale's Gateway Redevelopment Location..Closest Hotel to Airport, close to the Port. Perfect for large Flag Hotel/Convention Center. Zoning allows 150 height up to 200 with a variance. Capable of being seen from all runways. Amazing oppurtunity to build FLAG HOTEL closest to Hollywood Int'l Airport.
Fort Lauderdale Flag Hotel..America's Best Inn.
Revenue averaging 20-25k / month!!!!
Location, location, location...this 15 unit fully renovated Franchise Hotel is situated at the Gateway to Fort Lauderdale. just 2 mins. north of Ft. Laud Airport and 5 mins west of Port Everglades. New windows, key doors, furniture, paint,awnings,renovated pool and pavers, AC's, and more! Zoning is B3 and can be built to 150 ft!!! (with possible variance up to 200 ft)Which would be visible by all runways and 595. Approx 27,500 sf of land.A developers dream.Confidential Sale... Please do not go on property without Listing Agent.

Federal Hwy south to SE 30th St west 1 block to property on corner (old US 1 or SE 6th Ave)

Financial Summary

Room Mix Information

Actual
Net Operating Income
$119,806

Description	No. Rooms
3 bdrm	1
efficiencies	4
1 bdrm	2
hotel rooms	8

Map of 3001 S Federal Hwy, Fort Lauderdale, FL 33316 (Broward County)

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Presented by

Hotel Group Int'l / Ocean View Int'l

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Contact Listing Broker

Kerri Tischler (954) 205-6228

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Created 8/2/2006

Additional Information for 3001 S Federal Highway, Fort Lauderdale, FL 33316

Active For Sale - 2 Listings
Active For Lease - 0 Listing
Previously Listed - 1 Historic Listing
Sales Comparables Available - 1 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

Comparable Properties for 3001 S Federal Hwy, Fort Lauderdale, FL 33316

Nearby Hotel & Motel properties for saleSearch all commercial real estate for sale

3001 South Federal Highway
$5,600,000

Nearby Recently Sold Hotel & Motel propertiesSearch all recently sold commercial real estate

Economy/Limited Service
Sold 4Q 2005

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Hotel & Motel Property For Sale - America's Best Inn

3001 S Federal Hwy, Fort Lauderdale, FL, 33316