3020 + 3024 Seville St, Fort Lauderdale, FL 33304

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List Price
$10,750,000
Price Change
▼ $750,000 1791255570
MLS#
A12083379
Status
ACTIVE
Type
Commercial

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 while implementing 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

Days on Market
70
Water Access
Building & Land, Signs, Equipment, Furniture/Fixtures, Leases, Signs Included
Parcel Number
504212100670
Lot Size
6,250
Address
3020 + 3024 Seville St, Fort Lauderdale
Year Built
1946
Section
12

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Listing Courtesy of La Rosa Realty LLC, Contact: