701 Bayshore Drive, Fort Lauderdale, FL 33304
$11,000,000
Property Type:
Comm/Industry
Status:
Closed
Current Price:
$11,000,000
Last Modified:
5/24/2025
Description
Prime Intracoastal location. Mid Century Modern Property currently operated as an all suites hotel transitioning to annual furnished apartment rentals as of May 1, 2025. All units separately metered. Club Nibbles waterfront restaurant included in the purchase. 6 direct Intracoastal Apartments plus 7 pool side apartments. (See Executive Summary attached along with informative video of the property and the area from the link under "Virtual Tour". A 4 unit multi- family property across the street also available with the purchase of this property. Not available separately.Note: Property to the south also available by different owner.
More Information MLS# FX-10474240
General Property Description
For Sale: Yes
For Lease: No
Acres: 0.28
Built Desc: Resale
Waterfront: Yes
Type: Hotel-Motel
Year Built: 1957
Location, Tax & Legal
Geo Area: FBEA
Country: United States
State/Province: FL
Zoning: IOA
Area: 3170
County: Broward
Parcel ID: 504201060760
Street #: 701
Street Name: Bayshore
Street Suffix: Drive
Zip Code: 33304
Geo Lat: 26.132528
Geo Lon: -80.108894
Remarks & Misc
Directions: A1A south of Sunrise Blvd to Terra Mar. West to Intracoastal. North to property on left with towering staircase.
Office/Member Info
DXORIGMLNO: F10474240
DXORIGMLSID: FLL
Status Change Info
Terms of Sale: Cash
Under Contract Date: 2025-05-10
Sold Date: 2025-05-23
Sold Price: $11,000,000
Sale Includes
Building and Land: 1
Furniture: 1
Construction
CBS: 1
Piling: 1
Avail Docs
Aerial: 1
Cooling
Central Individual: 1
Heating
Central Individual: 1
Miscellaneous 1
Coffee shop: 1
Elevator: 1
Fenced: 1
Kitchen Facilities: 1
Flooring
Ceramic Tile: 1
Marble: 1
Utilities
Gas Natural: 1
Public Water: 1
Roof
Concrete Tile: 1
Contract Information
Status: Closed
Original List Price: 12500000
Sold Price: $11,000,000
Current Price: $11,000,000
Listing Date: 2024-12-26
Property Features
Construction: CBS; Piling
Sale Includes: Building and Land; Furniture
Avail Docs: Aerial
Miscellaneous 1: Coffee shop; Elevator; Fenced; Kitchen Facilities
Flooring: Ceramic Tile; Marble
Cooling: Central Individual
Heating: Central Individual
Utilities: Gas Natural; Public Water
Roof: Concrete Tile
Documents
Survey ›
Listing Office:
Distinctive Real Estate Inc
Last Updated: May - 24 - 2025
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