3020-3024 Seville St - Hospitality FOR SALE


Fort Lauderdale, FL 33304- Central Beach
$11,500,000 USD
845-304-5148
3020-3024 Seville St, Fort Lauderdale, FL for Sale
$11,500,000 USD
Hospitality - FOR SALE
1/66
null | 5.19% Cap Rate

3020-3024 Seville St
Fort Lauderdale, FL 33304
Central Beach


HIGHLIGHTS

  • Extremely Rare Fully Gut-Renovated And Turnkey Hotel Opportunity Located In The Heart Of Central Fort Lauderdale Beach Just Steps From The Beach
  • Asset Consists Of (2) Adjacent Two-Story Buildings (Separately Parceled) With Shared Common Area Space
  • Professionally Managed By 3rd Party Operators And Impeccably Maintained Both Inside And Out
  • Both Buildings Have Effective Years Of 2026 - Diverse Unit Mix Appealing To Variety Of Clientele
  • No Capital Expenditures Needed - All Plumbing & Electric Updated, New Roofs, And Hurricane-Impact Windows/Doors
  • Prime Central Beach Location Just North Of Las Olas Blvd And In Between N Birch Rd and N Fort Lauderdale Beach Blvd

OVERVIEW

This 9,377-square-foot, 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. 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.

FOR SALE DETAILS

PRICE

$11,500,000 USD

PRICE/SF

$920 USD /SF

# OF ROOMS

25

PRICE/ROOM

$460,000 {currency}

CAP RATE

5.19%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Eden Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1970

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

ABA - A-1A

APN/PARCEL ID

50-42-12-10-0670

ASK ABOUT THIS PROPERTY

Daniel DratchFranklin StreetMore Info
845-304-5148

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Daniel DratchFranklin StreetMore Info
845-304-5148

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