Category: Hospitality (Hotel / Motel)
Price:$890,000
Location: Fort Lauderdale, FL
Year Built: 1982
Days on Market: 68
Description:
Seize a rare chance to own a duplex with two large units, each featuring four bedrooms and two bathrooms. Located minutes from Las Olas Boulevard, Fort Lauderdale-Hollywood Airport, The Galleria, Port Everglades, and Bonnet House, it offers prime access and vibrant appeal. For $990,000, acquire both the duplex and its thriving hostel business. This value-add gem suits savvy investors eyeing Fort Lauderdale’s hot market. Strategic upgrades or repositioning can boost rental income or unlock new revenue streams.
The property is a classic add-value investment, and a savvy investor can significantly increase the return on his investment.
Listing Code: 1075648058