140 N Federal Hwy Dania Beach, FL 33004
FOR SALE - Active
$2,500,000
$2,600,000
(3.8%)
Overview
- Status: Active
- Bed(s) No info
- Bath(s)
- Half Bath(s) 0
- Parking No info
- Size: 4,023 ft2/373.75 m2
- Price Per: $621.43 ft2/$6,688.99 m2
- Type: Commercial/Investment
- Built: 1967
- HOA: No info
- MLS Number: A11541458
- View No info
- On Site: 73 days
- Updated: Listing Refreshed: 32 Days Ago
Proud to present an existing 12-room motel situated on the highly trafficked US-1/ Federal Highway corridor. Currently being operated as the Sunset Motel, this turn-key asset is fully equipped, furnished and ready for immediate operation without the need for any additional setup or preparation. This is a prime opportunity for a new owner/operator to come in and ramp up the business or execute a fresh master lease without any significant delays or additional investment in furnishings or infrastructure. Alternatively, an investor may opt to maximize the density and build vertical via the underlying, liberal CC zoning.
Price History
Date | Event | Price | Change Rate | Price Per |
---|---|---|---|---|
04/04/2024 | Price Reduced | $2,500,000.00 | 3.8% | $621.43 ft2/$6,688.99 m2 |
02/28/2024 | Listed | $2,600,000.00 | $646.28 ft2/$6,956.54 m2 |
Contact Information
Tracey Schmitt
Real Estate Advisor
Office: (305) 407-1657
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild