- MLS®RX-11029990
- StatusActive
- $ 4,999,000
Featured
- Price
- $ 4,999,000
- Year build
- 1959
- Sub-type
- Hotel-Motel
- Status
- Active
Excellent investor opportunity. Popular Fort Lauderdale boutique hotel, Casitas Coral Ridge, is a 16-unit garden-style hotel in a prestigious neighborhood blocks from the beach & experiencing an exceptional rental history. The property is 0.9 miles to the beach, within close proximity to main arteries of N Federal Highway & E Oakland Park Blvd., within steps to the Coral Ridge Mall & includes 2648 & 2640 NE 32 St. Located in the prestigious areaof Coral Ridge, minutes from the Coral Ridge Country Club & Coral Ridge Yacht Club near million-dollar homes. Hotel features 2 buildings including 4 two-bedroom adjoining suites & hotel rooms for a total of 8 units in each building. One unit is currently used as a reception/ office. Property encompasses 200 linear feet of frontage Solld As Is Fully equipped, Owner financing available. Zoned RMM-25 for residential & hotel use & allows for the construction of up to 14 residential units & up to a 55' high building.
Listing Courtesy of Compass Florida, LLC
