Ocean-View Short-Term Rental
For Sale
$339,000
505 N Fort Lauderdale Beach Blvd Unit 1013, Fort Lauderdale, FL 33304
Owners can use the residence for up to 120 days per year, including 60 days between November 15 and April 15.
Property Size868 SF
Price / SF$390.55
Days on Market99
Property Features for 505 N Fort Lauderdale Beach Blvd Unit 1013
General Information
Standard status
Active
Size
868 SF
Property subtype
Hotel/Motel
Site & Location
Neighborhood
Cbha
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$5,964
Amenities
outdoor pool
full-service spa
bars
Nube Restaurant
Sun Surf and Sand Restaurant
sushi
valet parking
room service
concierge
Building Details
Building Size
868 SF
Year Built
2006
Listing Agency:
Marlin Realty Inc
Listed By:
Samuel Fugina · License #3332259
(954) 774-2477
Source:
Hahnerealestate
Added: Jul 22
Changed: Oct 28
Last Checked: Oct 27 at 3:33AM
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 Marlin Realty Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 868-square-foot residence at Beach House by Hilton’s Q-Club Resort was built in 2006. The bedroom has two queen beds, and the living room includes a pull-out sofa. A full kitchen and bathroom with a separate shower, jetted tub, and dual vanities complete the unit. The residence is in the building’s 13 stack and has unobstructed ocean views from the 10th floor.
The building sits directly on the oceanfront in Fort Lauderdale Beach. Amenities include a pool on the sixth-floor sky terrace, a full-service spa, four bars and restaurants, valet parking, room service, and 24-hour concierge service. Nube is a rooftop restaurant, and the property also has Sun Surf and Sand restaurant and sushi dining.
Owners may occupy the unit for up to 120 days per year, with 60 days available between November 15 and April 15. When owners are away, the Hilton Owners Program rents the unit.
The building sits directly on the oceanfront in Fort Lauderdale Beach. Amenities include a pool on the sixth-floor sky terrace, a full-service spa, four bars and restaurants, valet parking, room service, and 24-hour concierge service. Nube is a rooftop restaurant, and the property also has Sun Surf and Sand restaurant and sushi dining.
Owners may occupy the unit for up to 120 days per year, with 60 days available between November 15 and April 15. When owners are away, the Hilton Owners Program rents the unit.
Key Highlights
- 868‑square‑foot residence built in 2006
- 13 stack with unobstructed 10th‑floor ocean views
- Owner use up to 120 days per year, including 60 days between November 15 and April 15
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,034
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$260,680
$260.7K
Cap Rate 7%
$186,200
$186.2K
Cap Rate 9%
$144,822
$144.8K
Market Conditions
NOI Build-Up for 868 SF
Gross rent
$25.0K $28.80/SF
− Vacancy
−$1.3K −$1.50/SF
EGI
$23.7K $27.30/SF
− OpEx
−$10.7K −$12.29/SF
NOI
$13.0K $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%
$260,680
Cap Rate 7%
$186,200
Cap Rate 9%
$144,822
Alternative Uses
Best Use
Apartment 5plus
$186.2K
$162.9K – $217.2K
NOI $13,034 @ 7.0% cap · market cap 3.84%
Second Best
Hotel Hospitality
$120.2K
$105.2K – $140.2K
NOI $8,413 @ 7.0% cap · market cap 2.48%
Theoretical Best
Office A
$583.3K
$510.4K – $680.5K
NOI $40,831 @ 7.0% cap · market cap 12.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,125
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Short term rental property - Owners can use the residence for up to 120 days per year, including 60 days between November 15 and April 15.
Where is this short term rental property located?
The property is located at 505 N Fort Lauderdale Beach Blvd Unit 1013 Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: 868‑square‑foot residence built in 2006; 13 stack with unobstructed 10th‑floor ocean views; Owner use up to 120 days per year, including 60 days between November 15 and April 15
