140 Federal Hwy ,Hotel for Sale & Rent

140 Federal Hwy for Sale & Rent

Price $2,500,000.00

• Lot size 13951
• Year Build 1967
• Waterfront
• Zip 33004
• Style
• Parking Description
• Pool Yes
• Status Active

Description

Proud to present an existing 12-room motel situated on the highly trafficked US-1/ Federal Highway corridor. Currently being operated as the Sunset Motel, this turn-key asset is fully equipped, furnished and ready for immediate operation without the need for any additional setup or preparation. This is a prime opportunity for a new owner/operator to come in and ramp up the business or execute a fresh master lease without any significant delays or additional investment in furnishings or infrastructure. Alternatively, an investor may opt to maximize the density and build vertical via the underlying, liberal CC zoning.

TOWN OF MODELO (DANIA) B-49 D LOT 9,10 LESS ST RD,11 N1/2 LESS ST RD,12 N1/2 BLK 11

Near Airport

Proud to present an existing 12-room motel situated on the highly trafficked US-1/ Federal Highway corridor. Currently being operated as the Sunset Motel, this turn-key asset is fully equipped, furnished and ready for immediate operation without the need for any additional setup or preparation. This is a prime opportunity for a new owner/operator to come in and ramp up the business or execute a fresh master lease without any significant delays or additional investment in furnishings or infrastructure. Alternatively, an investor may opt to maximize the density and build vertical via the underlying, liberal CC zoning.

City:Dania Beach,Zoning:CC,List A O R:A-Miami Association of REALTORS,Stories:1,Latitude:26.0551003,List Price:2500000,Listing Id:A11541458,Longitude:-80.1433926,Mls Status:Active,Year Built:1967,Directions:Close proximity to Fort Lauderdale International Airport, Port Everglades, Dania Beach Casino, Dania Pointe & the major I-595 & I-95 thoroughfares. Connectivity will be further enhanced by the regional rail transit along the Florida East Coast Railway.,Postal Code:33004,Street Name:Federal Hwy,Coordinates:1:26.0551003,Photos Count:9,Building Name:12-Room Motel,Days On Market:41,Lot Size Acres:0.32,Lot Size Units:Square Feet,M I A M I R E_ Area:3020,On Market Date:2024-02-28,Parcel Number:504234011650,Parking Total:12,Property Type:Commercial Sale,Stories Total:1,Street Number:140,Public Remarks:Proud to present an existing 12-room motel situated on the highly trafficked US-1/ Federal Highway corridor. Currently being operated as the Sunset Motel, this turn-key asset is fully equipped, furnished and ready for immediate operation without the need for any additional setup or preparation. This is a prime opportunity for a new owner/operator to come in and ramp up the business or execute a fresh master lease without any significant delays or additional investment in furnishings or infrastructure. Alternatively, an investor may opt to maximize the density and build vertical via the underlying, liberal CC zoning.,County Or Parish:Broward County,List Office Name:APEX Capital Realty LLC,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:2804,Property Sub Type:Hotel/Motel,State Or Province:FL,Street Dir Prefix:N,Tax Annual Amount:15252,Unparsed Address:140 N Federal Hwy, Dania Beach FL 33004,Listing Agreement:Exclusive Agency,Building Area Total:4023,Building Area Units:Square Feet,Lot Size Square Feet:13951,M I A M I R E_ For Sale Y N:1,Number Of Buildings:2,Original List Price:2600000,Previous List Price:2600000,Public Survey Range:50,I D X Participation Y N:1,Syndication Remarks:Proud to present an existing 12-room motel situated on the highly trafficked US-1/ Federal Highway corridor. Currently being operated as the Sunset Motel, this turn-key asset is fully equipped, furnished and ready for immediate operation without the need for any additional setup or preparation. This is a prime opportunity for a new owner/operator to come in and ramp up the business or execute a fresh master lease without any significant delays or additional investment in furnishings or infrastructure. Alternatively, an investor may opt to maximize the density and build vertical via the underlying, liberal CC zoning.,Listing Contract Date:2024-02-28,Originating System I D:miamire,Public Survey Section:34,Showing Instructions:Call Listing Agent,Street Number Numeric:140,Tax Legal Description:TOWN OF MODELO (DANIA) B-49 D LOT 9,10 LESS ST RD,11 N1/2 LESS ST RD,12 N1/2 BLK 11,Public Survey Township:50,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:The motel is fully equipped, furnished, and ready to operate immediately.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2024-02-28,Internet Address Display Y N:1,Number Of Units In Community:12,Dual Variable Compensation Y N:1,Transaction Broker Compensation:3%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,