Key West style hotel with easy access to the best beaches.Good condition.Extensive landscape,courtyard w/pool,27units Owned for 60y.Motivated seller.

Florida, Fort Lauderdale

$4,250,000 / AED15,607,786

Location: Florida, Fort Lauderdale Plot size & built up area: Sqft Property Availability Status :
Green Island Inn is unique property by its Key West ambiance,its 870’ proximity to the beach and its RMH-60 zoning.It has been owned by a family for 60y. 25 units motel operated as 27 units in a good condition.Extensive landscaping creates a lot of privacy for the guests.Open courtyard is surrounding large in-ground pool with gazebos.Zoning RMH60 Residential Multifamily High- Rise Density District allows 50 units p/ac.Permitted uses include multifamily residential use,hotels, motel, &day care facilities.It allows mixed-use development,nursing homes,schools,hospitals, etc. as conditional use. Units break down:11 efficiencies (265sf.ft),10 large efficiencies (365sf.ft) &4 1BDs of various sizes (378-858sf.ft).All efficiencies have small kitchen areas. Floor plans attached.27 parking spaces.
General Description
Web Reference: RO-RETSCLS-MX-367731330
Ref/MLS No: A10859691
Country: United States
State: Florida
City: Fort Lauderdale
Latitude: 26.161312
Longitude: -80.101897
Exclusive: No
Property Type: Commercial
Commercial Property Type: Hotel/Hotel Apartments
Furnished: No
Tenanted: No
No. of Bathrooms:
Lot/Plot Size SqF: 24124.00
Lot/Plot Size SqM: 2240.76