1150 S Federal Hwy Dania Beach, FL 33004

SOLD FOR
$2,300,000
$2,500,000 (4.0%)

Overview

  • Status: Closed
  • Bed(s) No info
  • Bath(s)
  • Half Bath(s) 0
  • Parking No info
  • Size: 5,977 ft2/555.28 m2
  • Price Per: $401.54 ft2/$4,322.13 m2
  • Type: Commercial/Investment
  • Built: 1951
  • HOA: No info
  • MLS Number: A11424275
  • View No info
  • On Site: 296 days
  • Updated: Listing Refreshed: 167 Days Ago

An existing 20-room hotel with landlord flexibility on a 0.37-acre lot & situated on the highly trafficked US-1/Federal Highway corridor. Currently being operated as a Deluxe Inn, this turn-key hotel/ motel asset is fully equipped, furnished & ready for immediate operation without the need for any additional setup or preparation. This is a rare opportunity for a new owner/operator to come in & either start running the business, or executing a fresh master lease for the property without any significant delays or additional investment in furnishings or infrastructure. Located in the heart of the developing Dania Beach area, this property is in close proximity to Ft. Lauderdale International Airport, Port Everglades, Dania Beach Casino, Dania Pointe & the major I-595 & I-95 thoroughfares.

Price History

DateEventPriceChange RatePrice Per
11/27/2023Sold$2,300,000.004.2%$384.81 ft2/$4,142.05 m2
08/23/2023Price Reduced$2,400,000.004.0%$401.54 ft2/$4,322.13 m2
07/24/2023Listed$2,500,000.00$418.27 ft2/$4,502.22 m2

Contact Information

Tracey Schmitt
Real Estate Advisor
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
Contact Advisor
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