Deco B Hotel Offer

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Section 1 | Property Information

Executive Summary

OfferingSummary:

Property Overview

Discover a fully renovated boutique hotel steps from Fort Lauderdale Beach and minutes from iconic attractions like the Bahia Mar Marina, home to the world-renowned Fort Lauderdale International Boat Show, Marina Village, and the Hall of Fame Swimming. Featuring 39 modernized suites across two buildings, this 2019-renovated property offers exceptional income potential and redevelopment opportunities. Guests enjoy two pools, rooftop patios, lounge areas, a bar, barbecue facilities, and a conference room, making it ideal for vacationers and business travelers. Just 2 miles from the new Broward Convention Center and 3 miles from Port Everglades, this prime 26,368sq. ft. investment blends luxury, location, and functionality for unparalleled value.

Property Highlights

● Established hotel operation with a proven track record.

● Stable lease income from a tenant operating a hospitality business.

● Opportunity for stable cash flow from a real estate investment.

● Potential for rent growth, expansion, or alternative use.

● Potential for variance to RMH-60 from RMH-25.

● Potential long-term land play for high-growth area in Fort Lauderdale between intercoastal and one of the most popular beaches in Florida.

● Located in Harbor Drive Association & adjacent to Harbor Beach HOA.

● ~90% Average Occupancy Rate

● No known legal impediments to redevelopment.

Location Overview

In proximity to some of the most attractive sites for tourists in all of Fort Lauderdale like the Bahia Mar Marina, home to the world-renowned Fort Lauderdale International Boat Show, Marina Village, and the Hall of Fame Swimming. This location is extremely attractive for tourists, visitors and guests of these attractions any more. Less than 15 minutes away from Fort Lauderdale International Airport, this location’s accessibility is only limited by the swipe of a finger on the Uber App. Literally a couple of steps away from the ocean, this is perfect for an exclusive boutique experience for a wanderlust traveler or a private premier stay for a high-level executive.

Property Description

Property Name: Deco Boutique Hotel

Property Address: 1147 Seabreeze Blvd & 3086 Harbor Drive, Fort Lauderdale, FL 33316

Property Type: Hotel APN: 504212240160 & 504212240170

Zoning: RMH-25

Rail Access: N/A

Parking Spaces: 23 + Additional Space for Overflow

Building Frontage: 110 ft Harbor Drive / 100 +ft Seabreeze blvd

Cross Streets: Seabreeze blvd & Harbor Drive

Year Built: 1990

Number of stories: 1147 Seabreeze: 2 stories / 3086 Harbor Drive: 3 stories

Foundation: Stem Wall

Walls: Exterior: CB Stucco / Interior: Drywall/Plaster

Roof: Flat, Tar & Gravel w/ functioning solar panels

HVAC: Central A/C in Lobby w/ each suite A/C controlled by guest

Additional Photos

Additional Photos Section 1

Additional Photos Section 1

Additional Photos Section 1 | Property Information

Additional Photos Section 1 | Property Information

Additional Photos Section 1 | Property Information

Regional Map

Location Map

Aerial Map

Additional Property Information - Per Tax Authority

Additional Property Information - Sketches

Data Pro Forma Financials

Income TotalOperatingExpenses PropertyTaxes Pre-TaxCashFlow NetOperatingIncome CapRate

$2,473,946.72 $1,412,969.97 $167,594.14 $1,060,976.75 $892,685.38 6.05%

Aerial View

Neighborhood Development

The Listing

Deco Boutique Hotel 1147 Seabreeze blvd, Fort Lauderdale 33316

Eden Hotel 3020 Seville Street, Fort Lauderdale, 33304

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