825 NW 27th Ave

    Fort Lauderdale, FL 33311
    • $2,299,999
    • STATUS: Active
    • ON SITE: 49 days
    • MLS #: F10215966
    UPDATED: 50 min ago
    $2,299,999
    • 0
      BEDS
    • 1.04
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    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!

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    Listing information © 2020 Greater Fort Lauderdale REALTORS®, Inc. IDX information is provided exclusively 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. IDX data is deemed reliable but is not guaranteed accurate by the MLS or Castelli Real Estate Services. Data last updated: 2020-03-28T09:17:54.797.

    www.castellihomes.com/homes/103015248

    825 NW 27th Ave Fort Lauderdale, FL 33311

    • Price: $2,299,999
    • Status: Active
    • Updated: 50 min ago
    • MLS #: F10215966
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.04
    Acres
    Neighborhood:
    Harris Sub First Add 21-4
    County:
    Broward
    Area:
    3560
    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!
    Exterior Features

    Approximate Lot Size 45500 Location Central Business DistrictCounty Location Lot Description 1-2.5 Acres Style Of Property Unimproved Hotel/Motel Type Of Property Commercial Water Access None Water View Canal View Waterfront Description Canal FrontCanal Width 121 Feet Or More Waterfront Property YN Yes

    Property Features

    Assumable No Environmental Audit None Geographic Area Ft Ldale Nw(3390-3400;3460;3540-3560;3720;3810) On Site Utilities ElectricOther Utilities AvailableWater Possession Information Funding Property Sq Ft 34065 REO No Sewer Description Public Sanitation Short Sale No Subdivision Name Harris Sub First Add 21-4 Tax Amount 24708 Tax Year 2018 Terms Considered CashOwner Financing Usage Unimproved Hotel/Motel Utilities Available Cable TvElectricSewerTrash RemovalWater Water Description Municipal Water Zoning Information B-3

    This listing is courtesy of Homeinc Realty Llc.


    Listing information © 2020 Greater Fort Lauderdale REALTORS®, Inc. IDX information is provided exclusively 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. IDX data is deemed reliable but is not guaranteed accurate by the MLS or Castelli Real Estate Services. Data last updated: 2020-03-28T09:17:54.797.

     
    Castelli Real Estate Services
    2227 Wilton Drive
    Fort Lauderdale FL, 33305