Beachfront Hotel & Suites
Location Florida,United States
Asking Price Range $5.0M - $10.0M
Gross Revenues $982180
Net Profit / Cash Flow $283390
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1975
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Description This three-story, 67-room, full-service hotel is located in the entertainment district of Fort Lauderdale and is sited on 0.89 acres across North Ocean Boulevard (A1A) from the beach. Hugh Taylor Birch State Park is near-by, while Bonnet House Museum and Gardens and Fort Lauderdale Stadium are two of the local area attractions. Hotel amenities include a restaurant, poolside tiki-bar, and an outdoor pool,. Hotel room complement includes studios with kitchenettes as well as double queen and king rooms. The hotel was completely refurbished in 2010. The property can be acquired for $6,950,000.
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