Business for Sale in Fort Lauderdale, FL

  • Price: $4.9M
  • Listing type: For sale
  • Asset type: Business
  • Location: Fort Lauderdale, FL 33308
  • Size: 5,959 SF
  • Year built: 1967

Description

KW Commercial is proud to present a rare opportunity to acquire a boutique 2-story, 16-key hotel across from the vibrant, beachfront Galt Ocean Mile The property is thoughtfully configured with 8 traditional guest rooms and 8 spacious efficiency units, each featuring a private kitchenette and bathroom. Beyond the guest rooms, the property also boasts a 17th door housing an office & retail storefront. To elevate the investment further, the site includes a beer and wine license, and a commercial kitchen license, creating an exciting avenue for on-site sales and added revenue streams, currently not being leveraged. Positioned as both a strong income generator and a versatile hospitality play, this hotel blends immediate operational upside with long-term potential. Built in 1967, the hotel sits on a 0.30-acre lot with direct frontage to Ocean Drive. The property features amenities such as an outdoor pool, picnic and barbecue area, retail beer, wine, and tobacco store, ATM, and 24-hour front desk. The hotel is positioned across the street (A1A) from Fort Lauderdale Beach and is near numerous demand generators such as Downtown Fort Lauderdale, Fort Lauderdale - Hollywood International Airport, and Las Olas. All new impact windows recently installed throughout. Building SF: 5959 | Year Built: 1967 | Listing Type: FOR SALE

Market Context

This other in Fort Lauderdale, FL is listed for sale at $4,900,000 across 5,959 SF ($822/SF). It is offered at an approximate 7.5% capitalization rate, a key benchmark for income-producing other assets. The building dates to 1967. It has been on the market for 38 days. Compare it against other other listings for sale in Fort Lauderdale, FL — <a href="/search/sale/other/florida/fort-lauderdale">view the full market</a>.

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