3020 + 3024 Seville Street, Fort Lauderdale, FL 33304

$11,500,000

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List Price
$11,500,000
Status
ACTIVE
Days on Market
15
MLS#
A12083379
Subtype
Commercial Sale
Year Built
1946
Acres
0.14
Neighborhood
FBEA - Ft Lauderdale Beach (3130-3170)
MLS Area Major
3160

Property Description

This 25-unit asset presents a compelling opportunity for a hospitality focused investor seeking scale, character, and immediate income. Originally constructed in 1945 & 1946 but fully gut-renovated with an effective year of 2026, the property offers a distinct architectural identity that aligns well with boutique or full-service hospitality concepts, while its unit count provides operational efficiency and revenue diversification. The building’s layout and vintage charm create a strong foundation for repositioning or continued use as a high-demand lodging asset.Currently operating with strong occupancy, the property delivers stabilized cash flow from day one, minimizing vacancy risk and providing a reliable income stream. The consistent occupancy underscores the asset’s functionality and appeal, while also offering a clear runway for a new owner to enhance revenue through strategic upgrades, branding, or service expansion. The property is well-suited for centralized management and streamlined operations typical of hospitality investments.The combination of its boutique appeal and new renovations offers a rare value-add opportunity in today’s market. Investors can capitalize on the existing performance whileimplementing a tailored vision to elevate the asset—whether through enhanced amenities or repositioning within the hospitality spectrum. This is a unique chance to acquire a stabilized yet flexible property with strong fundamentals and significant upside potential.

Additional Information

Amenities
Laundry Facilities, Pool
Flooring
Tile, Vinyl
Parking Features
Guest

Listing courtesy of La Rosa Realty LLC. Contact:

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Agent: Lou C Corda | Email: lou.corda@gmail.com