1150 S Federal Hwy
Dania Beach, FL 33004
$3,600,000
- 5,977 SF building
- 0.37 acre lot
- $602/SF
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.
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