908 15th Ave Fort Lauderdale, FL 33304-4403
Property profile & analytics
908 15th Ave Fort Lauderdale, FL 33304-4403
- Motels
- 2,060 SF
- 0.15 lot acres
Property ID
US18-1945322
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Karen’s Las Olas Guest House / Hotel & Motel
- Kim Kardashian Suite- K1 / Hotel & Motel
- Las Olas Guesthouse @ 15th Avenue / Bed & Breakfast / Hotel & Motel
- B Hotel / Hotel & Motel
Property Details for 908 15th Ave
- Year built
- 1957
- Construction
- CONCRETE
- Lot size
- 0.15 lot acres
- Property size
- 2,060 SF
- Zone code
- RMM-25
- Property type
- Motels
- APN
- 49-42-34-05-8030
- APU
- 494234058030
Description
This fully renovated, 8-key hotel in Fort Lauderdale's Victoria Park offers an exceptional investment opportunity. Built in 1957 and extensively renovated in 2021, this two-story, 2,060 square foot property sits on a 0.15-acre lot (APN: 49-42-34-05-8030) and is zoned RMM-25. Its prime location near Las Olas Boulevard, the beach, and the Seminole Hard Rock Hotel & Casino, within the high-traffic corridor of Sunrise Boulevard (approx. 60,600 vehicles daily), ensures strong demand. The property benefits from its proximity to numerous attractions, including Bonnet House Museum & Gardens, the Museum of Discovery and Science, and Nova Southeastern University, all within the Miami-Fort Lauderdale-Pompano Beach MSA (population over 6 million). Currently operating as a short-term rental/Airbnb, this hotel presents significant upside potential for an owner-operator, given its current absentee ownership. The asking price is $1,900,000 ($922.33/sq ft). This represents an entry-level price point for a fully renovated hotel in a highly sought-after South Florida market with limited hotel supply. The property's success is further supported by its location amongst million-dollar homes and townhomes in one of Fort Lauderdale's most affluent neighborhoods. This is a rare opportunity to acquire a profitable, established hospitality business in a thriving market.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,375,000
- ML approach
- $1,535,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,565,000
- AI Estimate
- $1,139,000
Market price range: $613k - $1.57MMarket price range: $608k - $1.14M -
Alternative Use
- Use
- Estimation
- HOTEL/MOTEL
- $1,050,000 Current use
- AUTO REPAIR, GARAGE
- $1,670,000 Change: +59% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,635,000 Change: +56% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,550,000 Change: +48% Conversion: Difficult
- WAREHOUSE, STORAGE
- $1,320,000 Change: +26% Conversion: Difficult
- OFFICE BUILDING
- $1,260,000 Change: +20% Conversion: Difficult
- RETAIL STORES
- $1,165,000 Change: +11% Conversion: Difficult
- MEDICAL BUILDING
- $960,000 Change: -8% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.1283
- Latitude
- 26.1359
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$31,999
$506,250
$1,114,910
$1,621,160
-
$506,250
$1,114,910
$1,621,160
