3086 Hbr Dr, Fort Lauderdale, FL 33316-2410
This exceptional investment opportunity presents a fully renovated, 39-room boutique hotel ideally situated in Fort Lauderdale, Florida. The property boasts two buildings, each three stories high, constructed in 1951 and completely modernized in 2019. The hotel features a mix of 24 rooms in one building and 15 in the other, all equipped and ready for immediate occupancy. Amenities include two inviting pools, a convenient on-site industrial laundry, and a versatile conference room. The property also offers attractive outdoor spaces such as roof patios and a barbecue facility, along with a bar and lounge area, enhancing guest experience and rental potential. Its prime location places it just steps from the beach, two miles from the Broward Convention Center, and three miles from Port Everglades, making it highly attractive to both leisure and business travelers. The hotel's design incorporates suites and deluxe features, creating a high-value proposition for guests. The property sits on two parcels totaling over 26,000 square feet, offering significant redevelopment potential. With its strong income generation and prime location, this hotel represents a compelling investment opportunity in the thriving Fort Lauderdale market. The asking price is $14,999,000.
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ATM Machine at Deco Boutique Hotel Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RMH-25 · Fort Lauderdale, FLFort Lauderdale. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.