Beachfront Condo-Hotel
For Sale
$219,000
505 N Fort Lauderdale Beach Blvd Unit 1215, Fort Lauderdale, FL 33304
Furnished accommodations include a kitchenette, private balcony, and participation in Hilton’s rental program.
Property Size533 SF
Price / SF$410.88
Days on Market392
Property Features for 505 N Fort Lauderdale Beach Blvd Unit 1215
General Information
Standard status
Active
Size
533 SF
Property subtype
Hotel/Motel
Site & Location
Neighborhood
Cbha
Units
Unit Mix
1 x studio
Multifamily Units
1
Additional Details
Furnished
Yes
Taxes and HOA fees
Annual Taxes
$4,192
Amenities
oceanfront pool
fitness center
spa
restaurants
concierge
valet service
Building Details
Building Size
533 SF
Year Built
2006
Listing Agency:
Best of Luxury Realty Corp.
Listed By:
Chaimaa Abouamal · License #3315416
(305) 406-7165
Source:
Hahnerealestate
Added: Oct 3, 2025
Changed: Oct 26
Last Checked: Oct 26 at 3:36PM
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 Best of Luxury Realty Corp.
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Investment Insights
Based on property information with market context.
This 533-square-foot corner studio in a condo-hotel was built in 2006 and comes furnished. The layout includes a sleeping area, bathroom, kitchenette, and private balcony, with views of the ocean and Intracoastal Waterway. Owners may use the unit personally or participate in Hilton’s rental program.
The property is directly on Fort Lauderdale Beach, with the sand steps away. On-site amenities include an oceanfront pool, fitness center, spa, restaurants, concierge, and valet service. Las Olas dining, shopping, and nightlife are a short drive away.
The property is directly on Fort Lauderdale Beach, with the sand steps away. On-site amenities include an oceanfront pool, fitness center, spa, restaurants, concierge, and valet service. Las Olas dining, shopping, and nightlife are a short drive away.
Key Highlights
- 533‑square‑foot furnished corner studio
- Private balcony with ocean and Intracoastal views
- Hilton rental program with personal‑use flexibility
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,004
Cap Rate
3.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$160,080
$160.1K
Cap Rate 7%
$114,343
$114.3K
Cap Rate 9%
$88,933
$88.9K
Market Conditions
NOI Build-Up for 533 SF
Gross rent
$15.4K $28.80/SF
− Vacancy
−$798 −$1.50/SF
EGI
$14.6K $27.30/SF
− OpEx
−$6.5K −$12.29/SF
NOI
$8.0K $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%
$160,080
Cap Rate 7%
$114,343
Cap Rate 9%
$88,933
Alternative Uses
Best Use
Apartment 5plus
$114.3K
$100.1K – $133.4K
NOI $8,004 @ 7.0% cap · market cap 3.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$358.2K
$313.4K – $417.9K
NOI $25,072 @ 7.0% cap · market cap 11.45%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
1
Residential units
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 - Furnished accommodations include a kitchenette, private balcony, and participation in Hilton’s rental program.
Where is this short term rental property located?
The property is located at 505 N Fort Lauderdale Beach Blvd Unit 1215 Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: 533‑square‑foot furnished corner studio; Private balcony with ocean and Intracoastal views; Hilton rental program with personal‑use flexibility
