954-558-2885
3016 Bayshore Dr, Fort Lauderdale, FL for Sale
Hospitality - FOR SALE
1/7
null | Request Cap Rate

3016 Bayshore Dr
Fort Lauderdale, FL 33304
Central Beach


OVERVIEW

Avison Young is pleased to exclusively present the unique opportunity to acquire the Bayshore Development Site, a ±1.13 acre covered-land assemblage located in the heart of Fort Lauderdale Beach, FL (the “Property”). Currently host to a cash-flowing boutique hotel, developers can tap into one of South Florida’s most prestigious coastal destinations. While the existing zoning will allow for 79 residential units, there are entitlements in place for significantly more units. We believe that a developer can achieve over 150 units based on the existing entitlements, including luxury condominium, hotel, and retail uses.

FOR SALE DETAILS

PRICE

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# OF ROOMS

39

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bayshore Development Site

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1967

PARKING SPACES

38

LAND DETAILS

LAND ACRES

1.13 AC

LAND SF

49,366 SF

ZONING

ABA

APN/PARCEL ID

50-42-01-16-0030

ASK ABOUT THIS PROPERTY

David DuckworthAvison YoungMore Info
954-558-2885

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David DuckworthAvison YoungMore Info
954-558-2885

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