$1,850,000
$2,199,999
15.9%For more information regarding the value of a property, please contact us for a free consultation.
825 NW 27th Ave Fort Lauderdale, FL 33311
0.78 Acres Lot
Key Details
Sold Price $1,850,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Harris Sub First Add 21-4
MLS Listing ID F10215966
Sold Date 11/17/20
HOA Y/N No
Total Fin. Sqft 45500
Annual Tax Amount $24,708
Tax Year 2018
Lot Size 0.782 Acres
Property Description
Great Opportunity Zone Hotel for sale. Zone B-3. Hotel is being operated as a medium to long term housing facility and not as a day to day hotel which would maximize revenues. Total of 45 rooms over 3 buildings and 45,455 SqFt of land. It includes 2 folios: 5042 05 11 0020 and the one immediately to the north: 5042 05 11 0010. Property is being undersold for the potential revenue it could generate. Has impact windows throughout - rooms have been updated in the past 3 years. Hotel is current on all State and County licenses needed and it passed the 40 year certificate in May 2019. Bring offers!
Location
State FL
County Broward County
Area Ft Ldale Nw(3390-3400;3460;3540-3560;3720;3810)
Zoning B-3
Exterior
Utilities Available Cable Tv, Electric, Sewer, Trash Removal, Water
Waterfront Yes
Waterfront Description Canal Front,Canal Width 121 Feet Or More
Water Access Y
Water Access Desc None
Private Pool No
Building
Lot Description 1-2.5 Acres
Sewer Public Sanitation
Water Municipal Water
Others
Pets Allowed No
Acceptable Financing Cash, Owner Financing
Listing Terms Cash, Owner Financing
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Bought with Icon R.E. Consultants, LLC