3020 + 3024 Seville St
3020 + 3024, Seville St, Fort Lauderdale, FL, 33304Basics
- Category: CommercialSale
- Type: HotelMotel
- Status: Active
- Bathrooms: 0
- Floors: 3
- Lot size: 6250, 6250 sq ft
- Year built: 1946
- County: Broward
- MLS ID: A12083379
Description
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Description:
LAUDER DEL MAR 7-30 B LOT 10 BLK 6 This 25-unit asset presents a compelling opportunity for a hospitality focused investor seeking scale, character, and immediate income. Originally constructed in 1945 & 1946 but fully gut-renovated with an effective year of 2026, the property offers a distinct architectural identity that aligns well with boutique or full-service hospitality concepts, while its unit count provides operational efficiency and revenue diversification. The building’s layout and vintage charm create a strong foundation for repositioning or continued use as a high-demand lodging asset.
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Currently operating with strong occupancy, the property delivers stabilized cash flow from day one, minimizing vacancy risk and providing a reliable income stream. The consistent occupancy underscores the asset’s functionality and appeal, while also offering a clear runway for a new owner to enhance revenue through strategic upgrades, branding, or service expansion. The property is well-suited for centralized management and streamlined operations typical of hospitality investments.
The combination of its boutique appeal and new renovations offers a rare value-add opportunity in today’s market. Investors can capitalize on the existing performance while
implementing a tailored vision to elevate the asset—whether through enhanced amenities or repositioning within the hospitality spectrum. This is a unique chance to acquire a stabilized yet flexible property with strong fundamentals and significant upside potential.
Building Details
Amenities & Features
- Parking Features: AccessibleParking,Guest
- Security Features: SecuritySystem
Expenses, Fees & Taxes
- Utilities Expense: $54,000
- Association Fee: 0
- Operating Expense: $314,700
- Tax Annual Amount: $13,516
- Insurance Expense: $73,186
Miscellaneous
- List Office Name: La Rosa Realty LLC
- Listing Terms: Cash
Ask our real estate expert about this property
This HotelMotel-type commercial real estate is located in 3020 + 3024, Seville St, Fort Lauderdale, FL, 33304 was built in 1946, and is listed at $11,500,000.