Fort Lauderdale Condo-Hotel
For Sale
$125,000
2670 E Sunrise Blvd 1402, Fort Lauderdale, FL 33304
Income-producing, furnished condo-hotel unit with city and Intracoastal views.
Property Size470 SF
Price / SF$228.10
Days on Market228
Property Features for 2670 E Sunrise Blvd 1402
General Information
Standard status
Active
Size
470 SF
Property subtype
Commercial
Site & Location
Neighborhood
Cbha
Taxes and HOA fees
Annual Taxes
$2,542
Building Details
Building Size
470 SF
Year Built
1986
Stories
14
Listing Agency:
Beachfront Realty, Inc
Listed By:
David Poloney · License #3569295
(954) 504-5611
Source:
Elliman
Added: Mar 11
Changed: Oct 20
Last Checked: Oct 23 at 10:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Beachfront Realty, Inc
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Investment Insights
Based on property information with market context.
This stylish and income-producing condo-hotel unit is located at Gallery One, a Hilton DoubleTree property in Fort Lauderdale. The fully furnished and upgraded unit offers 548 square feet of space, featuring sleek interiors and a fully equipped kitchenette with granite countertops and stainless steel appliances. A comfortable living area includes dining space and a work desk. The unit also has a private balcony with city and Intracoastal views. Gallery One provides resort-style amenities such as a waterfront heated pool with sundeck and cabanas, a restaurant/bar, an on-site Water stop taxi, a fitness center, a business lounge, valet parking, and a 24-hour front desk. The location is steps from Galleria Mall, less than a mile from the beach, and minutes from Las Olas Boulevard and the airport. This property presents an excellent opportunity for a vacation retreat and/or investment property. HOA fees cover all utilities.
Key Highlights
- Income‑producing condo‑hotel unit within a Hilton DoubleTree property.
- Enjoy Intracoastal and city views from this fully furnished and upgraded 1/1 unit.
- Resort‑style amenities include a waterfront heated pool, restaurant/bar, and fitness center.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,229
Cap Rate
6.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$164,580
$164.6K
Cap Rate 7%
$117,557
$117.6K
Cap Rate 9%
$91,433
$91.4K
Market Conditions
NOI Build-Up for 548 SF
Gross rent
$15.8K $28.80/SF
− Vacancy
−$821 −$1.50/SF
EGI
$15.0K $27.30/SF
− OpEx
−$6.7K −$12.29/SF
NOI
$8.2K $15.02/SF
Area
Fort Lauderdale, FL
Vacancy
5.20%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$164,580
Cap Rate 7%
$117,557
Cap Rate 9%
$91,433
Alternative Uses
Best Use
Apartment 5plus
$117.6K
$102.9K – $137.2K
NOI $8,229 @ 7.0% cap · market cap 6.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$368.3K
$322.2K – $429.6K
NOI $25,778 @ 7.0% cap · market cap 20.62%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
2,234
Businesses Nearby
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Business Placement
Demographics for 33304, FL
19,978
Population
12,367
Households
1.6
Avg Household Size
46
Median Age
51%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
6,445
Density / Sq Mi
$84,951
Median Household Income
$55,527
Median Earnings
$1,727
Median Rent
$556,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Short term rental property - Income-producing, furnished condo-hotel unit with city and Intracoastal views.
Where is this short term rental property located?
The property is located at 2670 E Sunrise Blvd 1402 Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Income‑producing condo‑hotel unit within a Hilton DoubleTree property.; Enjoy Intracoastal and city views from this fully furnished and upgraded 1/1 unit.; Resort‑style amenities include a waterfront heated pool, restaurant/bar, and fitness center.
