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34360498
34359589

3020-3024 Seville St, Fort Lauderdale, FL 33304

DD
FL FL SL3341163
Franklin Street Tampa
RW
FL FL 3424080
Franklin Street Tampa
AG
FL SL3614788
Franklin Street
Listed by Franklin Street Tampa, Franklin Street
$11,500,000
0 days on market
Updated 0 days ago

Eden Hotel

Details
APN 504212100670, 504212100660
Property Type Hospitality
Sub Type Hotel
Square Footage 9,377
Units 25
Cap Rate 5.19%
NOI $596,970
Occupancy 85%
Tenancy Single
Price per SqFt $1,226
Year Built 1945
Year Renovated 2026
Buildings 2
Stories 2
Acreage 0.290
Zoning ABA - A-1A BEACHFRONT AREA DISTRICT
Parking Spaces 10 spaces
Parking per 1,000 SqFt 1.07
Investment Type Stabilized

Turnkey Hotel | 25 Rooms | 2026 Effective Year | Central Beach

Marketing description

This 9,377-square-foot, 25-unit asset presents a compelling opportunity for a hospitality-focused investor seeking scale, character, and immediate income. Originally constructed in 1945 & 1946 but fully gut-renovated with an effective year of 2026, the property offers a distinct architectural identity that aligns well with boutique or full-service hospitality concepts, while its unit count provides operational efficiency and revenue diversification. The building's layout and vintage charm create a strong foundation for repositioning or continued use as a high-demand lodging asset.

Currently operating with strong occupancy, the property delivers stabilized cash flow from day one, minimizing vacancy risk and providing a reliable income stream. The consistent occupancy underscores the asset's functionality and appeal, while also offering a clear runway for a new owner to enhance revenue through strategic upgrades, branding, or service expansion. The property is well-suited for centralized management and streamlined operations typical of hospitality investments.

The combination of its boutique appeal and new renovations offers a rare value-add opportunity in today's market. Investors can capitalize on the existing performance while implementing a tailored vision to elevate the asset—whether through enhanced amenities or repositioning within the hospitality spectrum. This is a unique chance to acquire a stabilized yet flexible property with strong fundamentals and significant upside potential.

Investment highlights

  • Extremely Rare Fully Gut-Renovated And Turnkey Hotel Opportunity Located In The Heart Of Central Fort Lauderdale Beach Just Steps From The Beach
  • Both Buildings Have Effective Years Of 2026
  • Asset Consists Of (2) Adjacent Two-Story Buildings (Separately Parceled) With Shared Common Area Space
  • Professionally Managed By 3rd Party Operators And Impeccably Maintained Both Inside And Out
  • Diverse Unit Mix Appealing To Variety Of Clientele
  • All Units Feature Luxurious Finishes With New Flooring, Mini-Split ACs, Premium Furniture And Appliances, Updated Bathrooms, High-Tech Secured Entry, Etc.
  • Each Room Features Kitchen Area, Large TV, And High-Speed Internet, With Toiletries And Other Supplies Provided
  • No Capital Expenditures Needed - All Plumbing & Electric Updated, New Roofs, And Hurricane-Impact Windows/Doors
  • Hotel Amenities Include Picturesque Outdoor Community Space, Full-Sized Pool & Jacuzzi, Laundry Machines/Service On-Site, Rooftop Patio, And Parking On-Site
  • Prime Central Beach Location Just North Of Las Olas Blvd And In Between N Birch Rd and N Fort Lauderdale Beach Blvd, Steps From The Beach, Restaurants, Nightlife, And More

Listing Contacts

DD
FL FL SL3341163
Franklin Street Tampa
RW
FL FL 3424080
Franklin Street Tampa
AG
FL SL3614788
Franklin Street
Listed by Franklin Street Tampa, Franklin Street

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$596,970.00
$49,747.50/mo

Valuation Metrics

0
DSCR
5.19%
Cap Rate
5.19%
ROI

Map

Zoning

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ABA SpecialBeachfront Area District
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Last updated Jul 6, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Dan Dratch
License
FL SL3341163
Name
Ryan Wold
License
FL 3424080
Brokerage
Franklin Street
Brokerage Phone
8138397300
Name
Alex Gerdak
License
SL3614788
Brokerage
Franklin Street
Brokerage Phone
9043382700
Title
Associate
Brokerage Address
1000 South Pine Island Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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