Turn-Key Waterfront Hospitality
500 S Atlantic Blvd Fort Lauderdale, FL 33304
500 S Atlantic Blvd, Fort Lauderdale, FL, 33304
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For Sale
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Fully integrated oceanfront hospitality operation at 500 S Atlantic Blvd, including a restaurant, rooftop pool bar, and hotel room service.
Property Size7,235 SF
Price / SF$131.31
Days on Market118
Property Features for 500 S Atlantic Blvd
General Information
- Standard status
- Active
- Size
- 7,235 SF
- Property subtype
- Retail
Listing agency
Prakas & Company
(561) 400-1058
Listed by
Chas Prakas · License #SL3419856
Source
Crexi
Added: Mar 28 Updated: Jul 22 at 6:40PM Checked: Jul 22 at 6:40PM
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 Prakas & Company
Investment Insights
Based on property information with market context.
This offering presents a fully integrated, turn-key hospitality operation located directly on Fort Lauderdale Beach’s oceanfront corridor. The buyer assumes and operates the complete food and beverage ecosystem, including the restaurant, a rooftop pool bar, and hotel room service. The operation is already stabilized under professional management, designed to function as a unified platform rather than a standalone food concept.
The property is located at 500 S Atlantic Blvd, Fort Lauderdale, FL 33304. The public materials do not disclose the specific restaurant name, hotel name, or exact address details beyond the provided street address; those identifying particulars are released only upon execution of an NDA.
The property is located at 500 S Atlantic Blvd, Fort Lauderdale, FL 33304. The public materials do not disclose the specific restaurant name, hotel name, or exact address details beyond the provided street address; those identifying particulars are released only upon execution of an NDA.
Key Highlights
- Fully integrated oceanfront hospitality operation at 500 S Atlantic Blvd, including a restaurant, rooftop pool bar, and hotel room service.
- Restaurant and rooftop pool bar are part of a single food‑and‑beverage operation directly on Fort Lauderdale Beach.
- Hotel food service includes room service as part of the overall hospitality platform.
Local Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $165.0k | $22.80 |
| − Vacancy | −$17.3k | −$2.39 |
| EGI | $147.6k | $20.41 |
| − OpEx | −$77.5k | −$10.71 |
| NOI | $70.1k | $9.69 |
7,235 SF · lease $22.80/SF/yr · vacancy 10.50% · expense 52.50%
Alternative Uses
Best Use
Specialty Retail
$2.08M
$1.82M – $2.43M
NOI $145,649 @ 7.0% cap · market cap 15.33%
Second Best
Hotel Hospitality
$1.00M
$876.6K – $1.17M
NOI $70,128 @ 7.0% cap · market cap 7.38%
Theoretical Best
Office A
$4.86M
$4.25M – $5.67M
NOI $340,334 @ 7.0% cap · market cap 35.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Chair Fort Lauderdale ...
Park
Beach las olas
Apartment Building
Lady Correa Beach ...
Gym & Fitness Center
Fort Lauderdale Chair ...
Landmark
Playa
Tour Operator
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FAQs
What type of property is this?
Hotel - Fully integrated oceanfront hospitality operation at 500 S Atlantic Blvd, including a restaurant, rooftop pool bar, and hotel room service.
Where is this hotel located?
The property is located at 500 S Atlantic Blvd Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Fully integrated oceanfront hospitality operation at 500 S Atlantic Blvd, including a restaurant, rooftop pool bar, and hotel room service.; Restaurant and rooftop pool bar are part of a single food‑and‑beverage operation directly on Fort Lauderdale Beach.; Hotel food service includes room service as part of the overall hospitality platform.
