Undisclosed Address
Fort Lauderdale, FL 33304
$990,000
Active
15+
$990,000
Active
Bedrooms
Bathrooms
N/A
Half Baths
Size Sq. Ft.
237
DOM
Undisclosed Address
Fort Lauderdale, FL 33304
Beds, Baths, Hotel Motel Sq.Ft.
The hostel, located at 1112 NE 5TH AVE, is a duplex with eight rooms and sixteen beds. It is strategically located a few minutes from Las Olas Boulevard near Fort Lauderdale airport, The Galeria at Fort Lauderdale, Port Everglades, and the Bonnet House. The property is a classic add-value investment, and a savvy investor can significantly increase the return on his investment. Its actual NOI is $93,696, rendering a Cap Rate of 9.46%. The property is also available without the business for $890,000 (ONLY THE REAL ESTATE).
Listing Summary
- Address Undisclosed Address
- City Fort Lauderdale
- County Broward
- Zip 33304
- Price $990,000
- Status Active
- Subdivision
- Pets Allowed No
- MLS® # A11592284
- Property Type Commercial Sale
- Property Sub TypeHotel Motel
- Status Active
- Square Feet
- Year Built 1982
- Waterfront No
- Maintenance Fees No Info Provided
- Taxes $7,737
- Tax Year 2023
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The data relating to real estate for sale on this web site comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above (A11592284) is provided courtesy of (Brokers, LLC). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Data last updated on 04-04-2025. IDX powered by Realty Net Media