Luxury Condo-Hotel on Fort Lauderdale
For Sale
$365,000
505 N Fort Lauderdale Bch Blvd Unit 1213, Fort Lauderdale, FL 33304
Corner studio with ocean views, rental income potential.
Property Size868 SF
Price / SF$420.51
Days on Market229
Property Features for 505 N Fort Lauderdale Bch Blvd Unit 1213
General Information
Standard status
Active
Size
868 SF
Property subtype
Hotel/Motel
Site & Location
Neighborhood
Cbha
Amenities
Features: High Impact Doors
Parcel Number: 504201GJ1220, Tax Annual Amount: $5,964, Tax Legal Description: Q CLUB RESORT & RESIDENCES CONDO UNIT 1213 PER CDO BK/PG: 43282/1943, Tax Year: 2025
Flooring: Tile
Garage, Garage Is Attached, Covered Spaces: 1, Garage Spaces: 1
Cooling: Central Air
Heating: Central
Standard Status: Active
Features: 2 Or More Spaces, Parking-Under Building, Valet
Elementary School: Harbordale, Middle Or Junior School: Sunrise, High School: Fort Lauderdale
Features: Clear Impact Glass
Total Bedrooms: 1, Features: Primary Bath Shower, Primary Bath Tub
Living Area: 868, Architectural Style: High Rise, Construction Materials: CBS Construction, Year Built: 2006, Year Built Details: Resale, Building Area Total: 868, Building Name: Hilton Q Club, Entry Level: 10, Furnished: Furnished,Turn Key Furnished, Structure Type: Condo-Hotel, Hotel
Maintenance Expense: 2178
County Or Parish: Broward County, MLS Area Major: Q Club Resort & Residence, Subdivision Name: Q CLUB RESORT & RESIDENCE, Unit Number: 1213
Leasable Area Units: Square Feet, Property Attached, Property Condition: Updated/Remodeled, View, View: Ocean View, Direct Ocean, Water View, Waterfront, Waterfront Features: Ocean Front
Full Bathrooms: 1, Half Bathrooms: 1, Bathrooms Total: 2
Possession: Negotiable
Inclusions: Deeded Beach Access
Features: Dual Sinks, Separate Tub & Shower, Whirlpool/Spa
Patio/Porch: Patio
Features: Lobby, Other
Features: Doorman, Guard At Site, Lobby Secured
Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
Fee: $75, Fee Frequency: Annually, Amenities: Bar, Cabana, Exercise Room, Heated Pool, Other, Pool, Private Beach Pavilion, Spa/Hot Tub
Building Details
Year Built
2006
Listing Agency:
Marlin Realty Inc
(954) 442-4748
Listed By:
Samuel Fugina · License #3332259
(954) 774-2477
Source:
Riserealty
Added: Mar 10
Changed: Oct 23
Last Checked: Oct 23 at 8:46AM
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
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Investment Insights
Based on property information with market context.
Unit 1215 at The Q Club is a studio-style residence located directly on Fort Lauderdale Beach. This corner unit features a private balcony that offers views of the ocean and Intracoastal Waterway. The residence is fully furnished and includes a sleeping area, bathroom, and kitchenette. The property is suitable for vacation getaways or as an income-producing property through a rental program. Residents have access to amenities such as an oceanfront pool, fitness center, spa, restaurants, concierge service, and valet service. The property is located near the beach and a short distance from dining, shopping, and nightlife options in Las Olas.
Key Highlights
- Directly on Fort Lauderdale Beach with ocean and Intracoastal views.
- Income‑producing potential through Hilton's rental program.
- Fully furnished studio‑style residence with kitchenette and private balcony.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,034
Cap Rate
3.57%
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 3.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$583.3K
$510.4K – $680.5K
NOI $40,831 @ 7.0% cap · market cap 11.19%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,125
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 - Corner studio with ocean views, rental income potential.
Where is this short term rental property located?
The property is located at 505 N Fort Lauderdale Bch Blvd Unit 1213 Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Directly on Fort Lauderdale Beach with ocean and Intracoastal views.; Income‑producing potential through Hilton's rental program.; Fully furnished studio‑style residence with kitchenette and private balcony.
