1112 NE 5th Ave - Hospitality FOR SALE


Fort Lauderdale, FL 33304- Middle River Terrace
$890,000 USD
305-608-5190
1112 NE 5th Ave, Fort Lauderdale, FL for Sale
$890,000 USD
Hospitality - FOR SALE
1/22
null | Request Cap Rate

1112 NE 5th Ave
Fort Lauderdale, FL 33304
Middle River Terrace


HIGHLIGHTS

  • Strategic location just 15 minutes from the beach
  • Close proximity to restaurants, banks, and entertainment.

OVERVIEW

An exceptional opportunity to acquire a well-positioned duplex, featuring two spacious units, each with four bedrooms and two bathrooms. Located just minutes from the iconic Las Olas Boulevard, Fort Lauderdale-Hollywood International Airport, The Galleria at Fort Lauderdale, Port Everglades, and the renowned Bonnet House Museum & Gardens, this property combines prime accessibility with vibrant local appeal. An alternative, priced at $990,000, will include both the duplex and the established hostel business currently operating on the property. This classic value-add investment is tailor-made for astute investors aiming to capitalize on Fort Lauderdale’s thriving real estate market. With strategic upgrades or repositioning, the property offers significant potential to boost rental income or explore alternative revenue streams.

FOR SALE DETAILS

PRICE

$890,000 USD

PRICE/SF

$349 USD /SF

# OF ROOMS

8

PRICE/ROOM

$111,250 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Crocodhouse

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

Hotel, undefined, undefined

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1982

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,751 SF

ZONING

RMM-25

APN/PARCEL ID

49-42-34-04-0940

ASK ABOUT THIS PROPERTY

Mario Francisco Frech PABroker's LLCMore Info
305-608-5190

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Mario Francisco Frech PABroker's LLCMore Info
305-608-5190

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.