For Sale

1150 S Federal Hwy

Dania Beach, FL 33004

$3,600,000

Highlights

  • 5,977 SF building on a 16,232 SF (0.37 acres) lot
  • Built in 1951
  • Asking $602/SF

Property facts

Price
$3,600,000
Price per SF
$602/SF
Building size
5,977 SF
Lot size
16,232 SF (0.37 acres)
Year built
1951

About this property

The Deluxe Inn presents the opportunity to acquire a 20-key motel in the heart of Dania Beach, one of South Florida’s strongest hospitality markets. The property is currently generating approximately $526,680 in annual gross income and is being offered at a 9.5% going-in cap rate, providing immediate cash flow with additional upside through operational improvements and revenue optimization. Strategically positioned along Federal Highway (US-1), the property benefits from excellent visibility and accessibility and is located just 5 minutes from Fort Lauderdale-Hollywood International Airport, 8 minutes from Hollywood Beach, 10 minutes from Downtown Hollywood, and offers convenient access to Interstate 95, Interstate 595, Port Everglades, and Dania Pointe. With a diverse customer base consisting of tourists, business travelers, cruise passengers, airport travelers, and long-term guests, The Deluxe Inn represents an attractive hospitality investment with stable in-place income and significant value-add potential in one of Broward County’s most active lodging corridors.

From the listing broker.

Location

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